Spirit Airlines recovery plan approved by court

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 Broward-based airline’s plan this week.
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 company.
Court Approves Spirit Airlines’ Reorganization Plan
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 million aggregate principal amount of new senior secured debt to existing bondholders upon emergence.”
Spirit Airlines recovery plan approved by court; bankruptcy expected to end ‘in the coming weeks’
Financially troubled Spirit Airlines says its reorganization plan has been approved by a federal bankruptcy court in New York, opening the way for its exit from Chapter 11 “in the coming
Spirit Airlines' bankruptcy plan approved, gives major lenders control
Spirit Airlines exits bankruptcy with a debt reduction plan, transferring ownership to majority lenders while eliminating shareholder compensation.
Spirit Airlines To Go Private After Court Approves Restructuring Plan, Retail Expresses Disappointment
Spirit Airlines (SAVEQ) garnered retail attention on Thursday after a court approved its plan to exit bankruptcy by converting $795 million in debt to equity and emerge as a privately owned company. The company said it expects to emerge from restructuring in the coming weeks following the approval of the United States Bankruptcy Court for the Southern District of New York to hand over the airline to creditors.
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.
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 ...
Spirit Airlines launches nonstop MEM flight to New Orleans for Mardi Gras
Spirit Airlines launched the nonstop flight on Feb. 20 from Memphis International Airport (MEM) to Louis Armstrong New ...
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Spirit Airlines rejects Frontier's latest merger bid, plans to proceed on its own
Spirit Airlines on Thursday rejected Frontier Airlines' latest proposal for a merger, which would have helped bring the ...
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'See-through clothing,' 'offensive' body art can get you kicked off Spirit Airlines
Spirit Airlines updated its contract of carriage to more specifically address passenger attire, including body art. Passengers wearing clothing or body art deemed lewd, obscene, offensive, or ...
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.
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Spirit Airlines dress code: Passengers can be removed for ‘offensive' body art
According to Spirit Airlines' Contract of Carriage under Conduct and Status section 4.3 , which ... passenger will not be allowed to board their flight or will be required to leave the ...
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Spirit Airlines’ New Dress Code: Can You Get Kicked Off a Flight?
Spirit Airlines updated its dress code standards, and it angered the internet. Many frequent flyers think the airline’s latest “contract of carriage” clothing and tattoo rules are uncalled ...