Spirit Reduces Price And Shares For Initial Public Offering

Spirit Airlines on May 25 lowered the estimated price per share and number of shares for its initial public offering by an amount that lowers its potential proceeds by 35%, which suggests weaker buyer demand than anticipated for a low-cost carrier that has recorded consistent profits but still faces...

Subscription Required


This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login


Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.