09Dec, 24 Spirit alleges that rival airlines seek its demise with stock de-listing imminent | News
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A Spirit Airlines executive argues that major US carriers have sought to put the discounter “out of business” as it faces imminent de-listing from the New York Stock Exchange (NYSE).
Spirit’s stock will be de-listed from the NYSE on 16 December, confirming the struggling carrier’s earlier prediction that it would be dropped from the world’s largest exchange amid bankruptcy proceedings.
The NYSE notified the US Securities and Exchange Commission (SEC) of the decision in a 5 December filing, which notes that all existing …