- Bloomberg
S&P Cuts Spirit Airlines’ Debt to CCC on Cash Crunch Concerns
(Bloomberg) -- S&P Global Ratings downgraded the debt of Spirit Airlines Inc. deeper into junk status by cutting it to CCC from CCC+, citing an expected cash crunch and inadequate liquidity in the next 12 months.Most Read from BloombergBillionaire-Friendly Modi Humbled by Indians Who Make $4 a DayA Struggling Business Park Deals a Blow to Singapore's Regional Hub AmbitionsNvidia Tops $3 Trillion in Market Value, Leapfrogging Apple‘Everything Is Not Going to Be OK’ in Private Equity, Apollo’s Co-
- Zacks
Spirit Airlines (SAVE) Appoints Interim Chief Financial Officer
Spirit Airlines (SAVE) announces the appointment of Brian McMenamy as its interim chief financial officer.
- Bloomberg
Spirit Air Loses CFO to Hertz as Both Companies Face Reboots
(Bloomberg) -- Spirit Airlines Inc. is losing its chief financial officer to another troubled company — Hertz Global Holdings Inc. — as the carrier works to restructure a crushing debt load and the car rental company reboots after a failed bet on electric vehicles.Most Read from BloombergKey Engines of US Consumer Spending Are Losing Steam All at OnceGameStop Shares Surge as Gill’s Reddit Return Shows Huge BetMnuchin Chases Wall Street Glory With His War Chest of Foreign MoneyHomebuyers Are Star
