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Spirit Airlines gets credit from International Aero Engines that will boost liquidity between $150 million and $200 million - TL;DR CNBC

Spirit Airlines gets credit from International Aero Engines that will boost liquidity between $150 million and $200 million

Publishing timestamp: 2024-03-29 20:04:57


Summary

Spirit Airlines will receive monthly credit from International Aero Engines through 2024 due to engine issues, boosting liquidity. However, the airline is facing liquidity issues and struggles with debt after a failed merger with JetBlue Airways.


Sentiment: NEGATIVE

Tickers: SAVEJBLU

Keywords: spirit airlines incaerospace and defense industrytransportationunited statesjetblue airways corpairlinesbusinessbusiness newsbreaking news: business

Source: https://www.cnbc.com/2024/03/29/spirit-airlines-gets-credit-from-international-aero-engines-that-will-boost-liquidity.html


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