As of the time of publication, the stock has risen by more than 6.8%, closing at $2.5.
According to the China Fortune Financial APP, on Tuesday, spirit airlines (SAVE.US) stock price rose, with a gain of over 6.8% as of the time of publication, closing at $2.5. Previous reports indicated that the company plans to sell 23 Airbus aircraft, reduce flight capacity, and lay off employees to increase liquidity. Spirit expects that by the end of 2025, the proceeds from the sale and the removal of aircraft-related debt from the balance sheet will increase its current assets by approximately $0.225 billion.