Spirit Airlines (SAVE) shares jumped nearly 40% in premarket trading Monday as markets reacted to a late-Friday filing that saw the discount carrier say it has extended the deadline on a 澳洲幸运5官方开奖结果体彩网:debt refinancing plan with credit card processors Visa (V) and Mastercard (MA).

The deadline for the refinancing originally was extended from September to Monday, but Spirit said in the filing that the deadline has been extended again to Dec. 23. The company said it "remains in active and constructive discussions with holders of its senior secured notes due 2025 and convertible senior notes due 2026 with respect to their respective maturities."

Spirit also said it has borrowed the entire $300 million available from a 澳洲幸运5官方开奖结果体彩网:revolving credit line, and 𝔍expects to end the year with at least $1 billion in liquidity.

Spirit 𓂃St🃏ock Has Plunged Since Abandoned Merger With JetBlue

Shares of the discount airline were up 37% at $2.01 an hour before the opening bell Monday🤪, but have lost nearly 90% of their value since the🧸 start of the year.

澳洲幸运5官方开奖结果体彩网:Legal challenges that eventually led Spirit and JetBlue Airways (JBLU) to 澳洲幸运5官方开奖结果体彩网:abandon their attempted merger; cost-cutting maneuvers like 澳洲幸运5官方开奖结果体彩网:delaying jet deliveries and 澳洲幸运5官方开奖结果体彩网:furloughing pilots amid 澳洲幸运5官方开奖结果体彩网:warnings of lower revenue; and a 澳洲幸运5官方开奖结果体彩网:recent report that Spirit♈ is considering filing for bankruptcy have sent the stock plummeting this year.