Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...
The airline industry is bracing for a seismic shift as Spirit Airlines, fresh from a successful financial restructuring and ...
Spirit Airlines parent Spirit Aviation Holdings said on Wednesday that the low-cost carrier has successfully completed its ...
Spirit Airlines has successfully exited Chapter 11 restructuring, having gained “significantly less debt and greater ...
The South Florida-based company says it has shed a lot of debt and has received more than $350 million in equity investment.
U.S. carrier Spirit Airlines , long known for its no-frills service, said on Wednesday it was pushing ahead with plans to ...
NEW YORK — Discount carrier Spirit Airlines has emerged from bankruptcy protection.
Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.
The airline has received a $350 million equity investment as part of its restructuring. Also, bondholders have converted $795 ...
Spirit Airlines exits Chapter 11 bankruptcy, rejects buyout bids, and focuses on growth with new funding and strategies.
Spirit filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from ...
It became the first major American airline to go into Chapter 11 in the last 14 years, reporting a net loss of $1.2 billion for the previous year. Bankrupt: Spirit Airlines Files for Chapter 11 ...