Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...
Spirit sought bankruptcy protection in November of last year following several years of financial losses, unsuccessful merger efforts, and significant debt.
Spirit Airlines said on Wednesday that it had successfully emerged from bankruptcy, exiting a major corporate restructuring ...
The airline has received a $350 million equity investment as part of its restructuring. Also, bondholders have converted $795 ...
Spirit Airlines has successfully exited Chapter 11 restructuring, having gained “significantly less debt and greater ...
Spirit Airlines (NK, Fort Lauderdale International) emerged from Chapter 11 restructuring on March 12, 2025, having equitised ...
Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.
Spirit filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from ...
Spirit Airlines parent Spirit Aviation Holdings said on Wednesday that the low-cost carrier has successfully completed its ...
The South Florida-based company says it has shed a lot of debt and has received more than $350 million in equity investment.
Spirit Airlines exits Chapter 11 bankruptcy, rejects buyout bids, and focuses on growth with new funding and strategies.
The airline industry is bracing for a seismic shift as Spirit Airlines, fresh from a successful financial restructuring and ...