Spirit Airlines Stock Plummets 40% After Warning It May Not Survive Another Year | NYGazet

The beleaguered budget airline hasn’t turned a profit in years and is running out of cash.

Topline Spirit Airlines stock plunged after the no-frills budget carrier warned it may not survive beyond a year in its quarterly filing, five months after emerging from bankruptcy and weeks after announcing it would furlough hundreds of pilots. Spir... [3632 chars]