Spirit Airlines on track for greater Q1 loss than expected
April 15, 2024
By: Howard Hardee
”These actions, along with other actions it took late in 2023 and earlier in 2024 to raise additional capital, significantly improve Spirit Airlines’ short- and mid-term liquidity outlook,” says Steve Segal, a mergers and acquisition attorney in Buchalter’s Denver office. ”A strong summer travel season would also help shore up the balance sheet and add optimism for a return to profitability.”
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