Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...
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 filed for bankruptcy back in November, following years of struggles and mounting debt as it failed to bounce back from ...
The airline has received a $350 million equity investment as part of its restructuring. Also, bondholders have converted $795 ...
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 ...
Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.
Spirit Airlines said Wednesday it formally has exited Chapter 11 bankruptcy proceedings “with significantly less debt and greater financial flexibility” after the South Florida-based carrier ...
(Reuters) - Spirit Airlines parent Spirit Aviation Holdings said on Wednesday that the low-cost carrier has successfully completed its financial restructuring. The company said it has exited ...