Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO

RTTNews | 135 일 전
Spirit Airlines CFO Scott Haralson To Depart; Names Brian McMenamy Interim CFO

(RTTNews) - Spirit Airlines (SAVE) announced Monday that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024.

McMenamy succeeds Scott Haralson, Executive Vice President and Chief Financial Officer, who is departing to become CFO of a larger, publicly traded company outside of the airline industry.

Haralson will continue in his role through June 14, 2024 to ensure a smooth transition. Spirit will initiate a comprehensive search for a CFO with the assistance of a leading executive search firm.

McMenamy brings nearly 40 years of experience in corporate finance. Prior to joining Spirit in 2017, McMenamy held various roles in finance at American Airlines over the course of his 33-year tenure.

Spirit has begun to execute on initiatives related to its go forward plan, with more changes coming soon. In addition, the Company continues to expect cost saving initiatives to benefit 2024 by over $75 million with annualized run-rate savings estimated at over $100 million.

read more
Spirit Airlines Q4 Loss Narrows; Tops Estimates

Spirit Airlines Q4 Loss Narrows; Tops Estimates

Spirit Airlines, Inc. (SAVE) reported Wednesday a net loss for the fourth quarter of $183.65 million or $1.68 per share, narrower than $270.66 million or $2.49 per share in the prior-year quarter.
RTTNews | 251 일 전
US Justice Department Sues To Block Proposed JetBlue- Spirit Merger

US Justice Department Sues To Block Proposed JetBlue- Spirit Merger

The US Justice Department or DOJ has filed a civil antitrust lawsuit to block JetBlue Airways Corp.'s proposed $3.8 billion acquisition of its largest and fastest-growing ultra-low-cost rival, Spirit Airlines, Inc., saying the deal is presumptively anticompetitive. The lawsuit, filed in the District of Massachusetts, alleges that the acquisition would allow JetBlue to eliminate...
RTTNews | 588 일 전
Japanese Market Notably Lower

Japanese Market Notably Lower

Adding to the losses in the previous session, the Japanese stock market is notably lower on Thursday after opening in the green, despite the broadly positive cues from Wall Street overnight. The Nikkei 225 is falling below the 39,000 mark, with weakness in exporters and technology stocks partially offset by gains in automakers and financial stocks.
RTTNews | 4 시간 52 분 전
Sensex, Nifty Seen Slightly Higher With Earnings In Focus

Sensex, Nifty Seen Slightly Higher With Earnings In Focus

Indian shares may trade in a range on Thursday as investors await earnings results from prominent companies including Axis Bank, Infosys, Wipro, Nestle India, LTIMindtree and Tata Chemicals for direction.
RTTNews | 4 시간 57 분 전
Thai Bourse May Test Resistance At 1,500 Points

Thai Bourse May Test Resistance At 1,500 Points

The Thai stock market bounced higher again on Wednesday, one day after ending the four-day winning streak in which it had improved almost 20 points or 1.4 percent. The Stock Exchange of Thailand now rests just above the 1,485-point plateau and it's expected to open to the upside again on Thursday.
RTTNews | 5 시간 27 분 전