Spirit Airlines Label

Spirit Airlines just cleared a big financial hurdle. What the change means for travelers

Spirit Airlines has cleared its biggest financial hurdle so far, allowing the Broward-based company to continue flying. The U.S. Bankruptcy Court for the Southern District of New York on Feb. 20 approved the carrier’s plan to continue operating as a business. That’s the most critical and often difficult part of a corporate restructuring.

Skift · 1d

Spirit Airlines Cleared to Exit Chapter 11 Bankruptcy

A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.

Seeking Alpha on MSN · 1d

Spirit Airlines' bankruptcy plan approved, gives major lenders control

Spirit Airlines’ (OTC:SAVEQ) plan to exit bankruptcy through a debt restructuring deal has been approved by a bankruptcy court that will transfer ownership of the beleaguered carrier to its majority lenders.

WLRN3h

Spirit Airlines receives all clear to exit bankruptcy

Spirit Airlines has gotten the all clear to take off out of bankruptcy. A bankruptcy judge in New York approved the ...

Aviation Week13h

Spirit Airlines Gets Green Light From Court To Emerge From Bankruptcy

Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...

Spirit Airlines gets court approval for $795 million debt deal

A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ SAVEQ.PK debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private ...

Spirit Airlines to exit Chapter 11 bankruptcy with deep-pocketed buyers

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

ABC News9d

Spirit Airlines rejects takeover bid from rival Frontier, again

Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan Spirit Airlines has ...

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