Spirit Airlines emerged from its financial restructuring following its Chapter 11 bankruptcy this week, aimed at restoring the budget airline to profitability with a new approach focusing on premium ...
March 12 (UPI) --Spirit Airlines has completed the Chapter 11 bankruptcy process, and is "emerging as a stronger and more focused airline," chief executive Ted Christie said Wednesday. The company ...
Spirit Airlines has emerged from bankruptcy after a four-month restructuring process. The airline equitized $795 million in debt and secured a $350 million investment to support its future plans.
NEW YORK -- Discount carrier Spirit Airlines has emerged from bankruptcy protection. The budget airline — known for its no-frills, low-cost flights on a fleet of yellow planes — said Wednesday ...
It’s not a lock that Wall Street’s preferred plan to increase revenues with new fees will work for the airline.
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 ...
But it wasn’t always this way. It also came around the same time that Spirit Airlines’ unbundling became popular. The carrier was among the first to offer super low ticket prices and then ...