Are you owed an extra $2,105 a month in extra cash?

A little-known "loophole" has allowed a handful of regular Americans to legally collect over $109,200,000 in bonus cash. And today's your chance to join them. It doesn't matter how old you are or even how much money you make. And my research shows there's no way you can be denied from taking part in this opportunity.

Spirit Airlines exits bankruptcy protection as travel demand slows

WYATTE GRANTHAM-PHILIPS
March 13, 2025

NEW YORK (AP) -- Discount carrier Spirit Airlines has emerged from bankruptcy protection.

The budget airline -- known for its no-frills, low-cost flights on a fleet of yellow planes -- said Wednesday that its parent, Spirit Aviation Holdings, exited Chapter 11 after finalizing debt restructuring. The reorganization plan, which received the court greenlight last month, aims to bring the carrier back to profitability and boost resources to compete with rivals.

"We're emerging as a stronger and more focused airline," CEO Ted Christie, who will continue to lead Spirit post-bankruptcy, said in a statement.

The restructuring deal allows Spirit to convert $795 million of its debt into equity. The company says it's also received a $350 million equity investment from existing investors to aid future operations.

Spirit filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from the COVID-19 pandemic. The Florida carrier was particularly hit hard by rising operating expenses and stiffer competition. By the time of its Chapter 11 filing, the airline had lost more than $2.5 billion since the start of 2020.

Whether Spirit will continue as a standalone airline has also been up in the air, although takeover attempts from budget rivals like JetBlue and Frontier have proven to be unsuccessful before and during the bankruptcy process. Spirit rejected a third bid from Frontier last month.

While future merger proposals may not be entirely off the table, Spirit signaled Wednesday that it would continue to focus its own growth and offerings. Christie noted that the airline would be "moving forward with our strategy to redefine low-fare travel with our new, high-value travel options."

In an evolution from its budget-exclusive roots, Spirit is attempting to tap into the growing market for more upscale travel. It is now offering flight options with tiered prices, the higher-priced tickets coming with more amenities. Last year, months before filing for Chapter 11, Spirit decided to sell bundled fares that include a bigger seat, priority boarding, free bags, internet service and snacks and drinks.

In a message sent to Spirit customers Wednesday, Christie continued to point those four travel options from the airline, which he said "let you choose how you want to fly."

Wednesday's announcement also noted plans to trade shares publicly again, although not immediately. Shares of Spirit previously issued by Spirit Airlines Inc. was canceled upon its exit from bankruptcy -- but it expects to re-list shares, newly-issued under new owners, "as soon as reasonably practicable."

Meanwhile -- between wider economic turmoil, high-profile plane crashes and other consumer uncertainty -- major airlines have issued warnings in recent days about falling demand. Carriers like Delta, Southwest, American have all recently downgraded revenue outlooks for the first quarter.

Continue Reading...

Popular

GTC 2025 Could Reignite Nvidia's Stock Rally, But Only If B300, AI Server Roadmap, And Scaling Concerns Are Addressed, Says Top Analyst

Nvidia's GTC 2025 conference could be a pivotal moment for its stock, but top analyst Ming-Chi Kuo warns that a rebound depends on how well the company addresses concerns around its new B300 AI chip, server production roadmap, and long-term scalability.

Wall Street Pioneer's AI Warning: "I thought we had more time..." - Ad

A radical new AI development is about to blindside millions of Americans. This early pioneer just issued an urgent warning explaining everything.

Shaq Once Spent $1 Million in a Day on Luxury, Then Realized Taxes Took a Huge Cut

Shaquille O'Neal once exhausted a $1 million paycheck in a single day, oblivious to the fact that a portion of his earnings were earmarked for taxes.

Bitcoin Technologist Opposes Quantum Recovery Of Lost BTC, Advocates Coin Burning

Jameson Lopp, chief security officer at Bitcoin (CRYPTO: BTC) custody firm Casa and a noted technologist, opposed the use of quantum computers to recover lost BTCs on Sunday and instead proposed burning them to uphold the protocol’s integrity.

Man Who Predicted 2008 Crash Issues Dire Warning: "Get Out of Stocks Now" - Ad

Tech stocks are tanking--Nvidia down 30%, Tesla 50%--and ex-Wall Street CEO Dylan Jovine says it's about to get worse. He predicted the 2008 crash & made 700% gains while the market collapsed. Now, he's moving millions into a billionaire safe haven--and revealing his 4-step strategy. Don't wait!

Google's Waymo Leads Robotaxi Race With 2 Millon Paid Rides, Amazon's Zoox Challenges Tesla For Second Spot As Autonomy Becomes 'Table Stakes,' Says Gary Black

Alphabet Inc.'s Waymo has established a commanding lead in the autonomous vehicle market with over 2 million paid robotaxi rides across multiple U.S. cities, Gary Black, Managing Partner at The Future Fund LLC notes.

Strange Pattern Emerges in U.S. Stock Market - Ad

A rare stock market anomaly--seen only once this century--is back! Last time, it helped create gains as high as 125,000% over 15 years. Now, it's colliding with the AI boom, and people are taking notice. The Oxford Club's top strategist reveals how to profit--watch the special broadcast now!

Niu Q4 Rides High On Demand For E-Scooters, But Gross Margins Decline Amid Higher Costs

Chinese electric scooter company Niu Technologies reported strong Q4 and 2024 sales growth, with plans for continued expansion and a positive outlook for 2025.

China's economy improved at the start of 2025, but challenges remain

BEIJING (AP) — The showed signs of improvement in the first two months of the year, though housing market weakness remained a drag on growth, government data showed Monday.

Trump, Musk & the Gold Play No One Sees Coming - Ad

Fort Knox mystery could send gold skyrocketing. Because the real danger isn't missing gold. It's decades of Fed manipulation collapsing overnight. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding.

AstraZeneca Seals Deal For EsoBiotec To Advance Cell Therapy: Details

AstraZeneca PLC has agreed to acquire EsoBiotec SA, a biotech company specializing in in vivo cell therapies. The $1 billion deal includes an initial payment of $425 million, with additional contingent consideration.

The Trump Dump Is Starting; Get Out of Stocks Now? - Ad

You're still in stocks...Are you nuts?! Yes, I fully expect the Trump presidency will be the best time to get rich in American history...With 12,000% gains available soon. But, I'm not talking about stocks, nor bitcoin. Over the next 12 months, a modest $900 investment...Could grow to a life-changing $108,000.

India and New Zealand look to bolster ties after reviving free trade talks

NEW DELHI (AP) — Indian Prime Minister Narendra Modi and his New Zealand counterpart, Christopher Luxon, met Monday seeking to deepen their defense and economic ties, a day after the countries announced the revival of negotiations for a free trade agreement.

Cathie Wood Goes On Shopping Spree Amid Tech Bloodbath Monday: Loads Up On Tesla, Palantir, Coinbase And These Stocks

On Monday, Cathie Wood‘s Ark Invest made significant trades involving Tesla Inc. (NASDAQ:TSLA) , Palantir Technologies Inc. (NASDAQ:PLTR), Coinbase Global Inc. (N

Exposed: 3 Cent Crypto to Explode March 24th? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on March 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

Brazilian authorities suspend the airline involved in last year's crash that killed 62

SAO PAULO (AP) — aviation agency on Tuesday suspended the operating license for local airline Voepass, citing security risks as an investigation continues into a that killed all 62 people on board.

Universities are facing big cuts to research funding. At Duke, it's a time for 'damage control'

DURHAM, N.C. (AP) — Facing the potential loss of hundreds of millions of dollars in federal funding, Duke University is preparing for the worst.

The Gold Shift No One's Talking About - Yet - Ad

Massive gold shipments are quietly moving from London to the U.S.--no headlines, no explanations. Could a full-scale audit or a new gold-backed system be coming? Smart money isn't waiting. My gold strategy is already doubling physical gold's returns this year.

What makes Greenland a strategic prize at a time of rising tensions? And why now?

NUUK, Greenland (AP) — When U.S. President Donald Trump first suggested in 2019, people thought it was just a joke. No one is laughing now.

Japan's Seven & i sells retail business to Bain Capital for $5.4 billion, plans IPO

Japan’s Seven & i, the parent company of the Japanese 7-Eleven convenience store chain, said Thursday it is selling its supermarket store assets to Bain Capital for about $5.4 billion.

March 20th: The NEXT 50X Nvidia Call - Ad

In 2016 Louis Navellier made a big prediction regarding Nvidia's GPUs... Its stock price was a split-adjusted $1 and went up more than 7,000% at its peak. Don't miss Louis NEXT BIG Nvidia call. (Plus 6 stocks you need to own before March 20th.)

Intel Beats Investor Lawsuit After $32 Billion Stock Plunge - Judge Rules Foundry Losses Weren't Misleading

Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.

Canada to name a new leader while dealing with Trump trade war

TORONTO (AP) — looks set to pick a measured former central banker to deal with the threats tariffs pose against a pillar of Western free trade.

Revealed: Trump's New Deal - Ad

Inside the President's covert plan to recapture forgotten U.S. territories, seize precious resources and spark a $20 trillion wealth wave. Stocks connected to Trump's New Deal are already surging -- discover the #1 investment to make before May 30.

Incyte Releases Mixed Data From Late-Stage Opzelura Studies In Skin Disease Characterized By Itchy Firm Lumps

Incyte's Phase 3 TRuE-PN trials show ruxolitinib cream improves itch relief in prurigo nodularis, though TRuE-PN2's primary endpoint fell short.

Legendary Investor "Man Who Calls It All" Issues Stunning Final AI Prediction - Ad

Wall Street legend Shah Gilani--dubbed "the man who calls it all"--has predicted market moves for decades . Now, he's revealing his biggest AI pick yet--a little-known stock billionaires are loading up on. Act before March 19 for the best shot at max gains!

Oracle's Q3 Falls Short, But AI Demand Keep Long-Term Outlook Strong Say Analysts

Oracle shares are down after disappointing Q3 results. Analysts maintain ratings, but lower price targets and highlight strong AI growth.

Washington Won't Save You--but This 4-Step Plan Might - Ad

America's economy is unraveling--soaring costs, skyrocketing debt, and Wall Street insiders dumping stocks. This isn't a recession--it's an economic breakdown. Stocks could crash 50%, real estate 40%, and inflation will eat your savings. But history shows: the biggest crashes create the biggest fortunes--if you act now!

Palantir Cofounder Peter Thiel Might Write A Book About Ancient Prophecies, The Antichrist, And Armageddon - He Thinks We're Ignoring The Real Threat

Billionaire tech investor Peter Thiel is exploring a book on ancient prophecies, the Antichrist, and Armageddon, warning that society is ignoring the threat of a one-world government—a concern he believes demands urgent attention.

Fashion trends for fall: Big shoulders, even bigger coats and a color story to dye for

PARIS (AP) — Paris has spoken, and fashion’s final authority has laid down the law: This coming fall, it’s all about power shoulders, enveloping outerwear, and a color palette that runs from somber to surreal.

Nvidia Is About to Shock the World: March 17th - Ad

Jeff Brown, the tech legend who picked shares of Nvidia in 2016 before they jumped by more than 22,000%, is warning everyone to... Mark this date on your calendar: March 17th! That's when Nvidia could help send shares of this Elon Musk supplier skyrocketing higher.

Tesla's China Boom, Rivian's Sweet Ride, And Trump's Tariffs Threat: This Week In Mobility

The EV industry saw major developments over the weekend, with Tesla's Model Y surging in China, its Model S/X retreating from Japan, Rivian unveiling its Georgia timeline and an ice cream truck partnership, and Trump's tariffs threatening the profits of Detroit's Big Three automakers.

Bloomin' Brands Is A Long-Term Survivor, But Has Near-Term Challenges: Analyst

JP Morgan analyst lowers price forecast for Bloomin' Brands from $13 to $10, retains Neutral rating. Challenges ahead, but potential for success.

Stocks to Crash on March 16, 2026? Here's Compelling Reason Why - Ad

Perhaps no one on or off Wall Street has been more accurate calling the bull and bear turns of the past 7 years. From the bear markets of 2018 and 2022... to the roaring bull runs of 2021, 2023, and 2024. And now, Marc Chaikin is predicting the next crash will start March 14, 2026. If you have money in the markets, Chaikin's thesis is a must-see.

Canada Claps Back At 'Unjustified' Trump Tariffs On Dairy, Lumber

Canada's Trade Minister Mary Ng called the potential dairy tariffs "completely unjustified" and emphasized efforts to remove existing tariffs.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright finstrategist.com
Privacy Policy | Terms of Service