Spirit Airlines announced Monday it has secured creditor approval for another $100 million in cash to continue operations as the company reorganizes in U.S. Bankruptcy Court. Management disclosed in a ...
Spirit has an agreement with noteholders for up to $475 million in debtor-in-possession financing, the airline's restructuring lawyer said in a court hearing. The airline has also reached an agreement ...
Spirit Airlines is actively pursuing merger discussions with multiple potential partners as part of its ongoing Chapter 11 bankruptcy restructuring, the financially troubled carrier revealed in recent ...
Spirit Airlines has issued an urgent demand for a combined $100 million in concessions from its pilots and flight attendants as the struggling budget carrier attempts to renegotiate labor contracts at ...
Spirit is planning to suspend 40 routes as it race to cut costs in its second bankruptcy. Earlier this week, the carrier said it would furlough about 1,800 flight attendants. Spirit Airlines told ...
A last-ditch plea from Spirit Airlines pilots to its employers’ creditors shows stakeholders are worried about the bankrupt airline’s immediate future—and possibly a sign that America’s largest ...
CHICAGO, ‌Dec 15 (Reuters) - Spirit Airlines said ‌Monday it has secured an additional $100 million in emergency financing to support its operations and restructuring efforts while under bankruptcy ...