BRIEF-Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling Liquidity

Reuters

Aug 16

BRIEF-Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling <a href="https://laohu8.com/S/LQDT">Liquidity</a>

Aug 15 (Reuters) - Spirit Aviation Holdings Inc FLYY.A:

FITCH: DOWNGRADE REFLECTS HEIGHTENED POSSIBILITY THAT SPIRIT MAY BE UNABLE TO AVOID DEFAULT GIVEN ONGOING OPERATING LOSSES & DECLINING LIQUIDITY
FITCH: FAILURE TO RENEW CREDIT CARD PROCESSOR AGREEMENT OR UNFAVORABLE COLLATERAL REQUIREMENTS ARE RISKS TO SPIRIT'S ABILITY TO OPERATE
FITCH: BELIEVES THAT RISK OF LIQUIDATION IS ELEVATED SHOULD SPIRIT FILE FOR BANKRUPTCY

Source text: ID:nFIT4PzyMS

Further company coverage: FLYY.A

((Reuters.Briefs@thomsonreuters.com;))

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DECLINING LIQUIDITY</p></li><li><p>FITCH: FAILURE TO RENEW CREDIT CARD PROCESSOR AGREEMENT OR UNFAVORABLE COLLATERAL REQUIREMENTS ARE RISKS TO SPIRIT'S ABILITY TO OPERATE</p></li><li><p>FITCH: BELIEVES THAT RISK OF LIQUIDATION IS ELEVATED SHOULD SPIRIT FILE FOR BANKRUPTCY</p></li></ul><p>Source text: <span>ID:nFIT4PzyMS</span></p><p>Further company coverage: <span>FLYY.A</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>BRIEF-Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling Liquidity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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DECLINING LIQUIDITY</p></li><li><p>FITCH: FAILURE TO RENEW CREDIT CARD PROCESSOR AGREEMENT OR UNFAVORABLE COLLATERAL REQUIREMENTS ARE RISKS TO SPIRIT'S ABILITY TO OPERATE</p></li><li><p>FITCH: BELIEVES THAT RISK OF LIQUIDATION IS ELEVATED SHOULD SPIRIT FILE FOR BANKRUPTCY</p></li></ul><p>Source text: <span>ID:nFIT4PzyMS</span></p><p>Further company coverage: <span>FLYY.A</span></p><p> ((Reuters.Briefs@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FLYY","symbol_name":"Spirit Aviation Holdings Inc","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250815:nFWN3U70US:1","article_id":"2559946929","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2559946929","pubTimestamp":1755290051,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"BRIEF-Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling LiquidityAug 15 (Reuters) - Spirit Aviation Holdings Inc FLYY.A:FITCH: DOWNGRADE REFLECTS HEIGHTENED POSSIBILITY THAT ","collect":0,"end_time":0,"defaultTopTitle":"","property":["rate"],"viewcount":null,"language":"en","relate_stocks":{"FLYY":"Spirit Aviation Holdings Inc"},"translate_title":"简介-惠誉下调Spirit评级，理由是损失和流动性下降导致违约风险上升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"FLYY":0.9},"content_text":"BRIEF-Fitch Downgrades Spirit, Citing Rising Default Risk Amid Losses And Falling LiquidityAug 15 (Reuters) - Spirit Aviation Holdings Inc FLYY.A:FITCH: DOWNGRADE REFLECTS HEIGHTENED POSSIBILITY THAT SPIRIT MAY BE UNABLE TO AVOID DEFAULT GIVEN ONGOING OPERATING LOSSES & DECLINING LIQUIDITYFITCH: FAILURE TO RENEW CREDIT CARD PROCESSOR AGREEMENT OR UNFAVORABLE COLLATERAL REQUIREMENTS ARE RISKS TO SPIRIT'S ABILITY TO OPERATEFITCH: BELIEVES THAT RISK OF LIQUIDATION IS ELEVATED SHOULD SPIRIT FILE FOR BANKRUPTCYSource text: ID:nFIT4PzyMSFurther company coverage: FLYY.A ((Reuters.Briefs@thomsonreuters.com;))","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-2","news_tag":"dataReport,event","news_rank":0,"symbols":[],"gpt_button":1,"need_auth":false,"code":"91000000","status":"200"}}}