Spirit Makes Plans to Shutter After Government Rescue Fizzles
Spirit Aviation Holdings is laying the groundwork to shutter its operations as it runs increasingly low on cash, according to people familiar with the matter. Spirit shares plunged as much as 74% on Friday after the Wall Street Journal earlier reported that Spirit was preparing to cease operations.
Image: Bloomberg
Spirit Aviation Holdings is laying the groundwork to shutter its operations as it runs increasingly low on cash, according to people familiar with the matter. Spirit shares plunged as much as 74% on Friday after the Wall Street Journal earlier reported that Spirit was preparing to cease operations. Sid Philip has more. (Source: Bloomberg)
Original article
Spirit Makes Plans to Shutter After Government Rescue Fizzles
Published by Bloomberg