Spirit had a wild ride over the past five years. Pandemic-era disruptions gave way to high inflation, competition from much bigger and meaner airlines, a jet engine supply snafu, an abortive merger ...
Spirit Airlines Inc. won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover ...
Despite being rebuffed by Spirit Airlines roughly three times in acquisition bids, its one-time suitor and still ...
A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ SAVEQ.PK debt restructuring, clearing the budget airline to ...
Financially troubled Spirit Airlines says its reorganization plan has been approved by a federal bankruptcy court in New York ...
Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...
Frontier Airlines' longest route from Las Vegas Harry Reid International Airport (LAS) is to New York John F. Kennedy ...
A U.S. bankruptcy judge approved Spirit’s restructuring plan to emerge from bankruptcy as a private company, just a week after the ultra-low-cost carrier rejected Frontier’s proposal for a merger.
Frontier’s latest offer would have allowed Spirit Airlines to retain 19 percent of the company’s equity. But Spirit said the ...
The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...
A huge US carrier with billions of dollars in debt has updated Wall Street on its bankruptcy. Many investors will not be ...
Spirit Airlines exits bankruptcy with a debt reduction plan, transferring ownership to majority lenders while eliminating ...