3 aviation articles tagged “Airline Restructuring”
Spirit Airlines secured a deal with lenders to exit Chapter 11 bankruptcy by early summer, planning to emerge as a leaner carrier with sharply reduced debt.
Spirit Airlines has reached a creditor agreement to exit its second bankruptcy following hundreds of flight cancellations in February due to staffing shortages.
Brazilian airline Azul has formally exited Chapter 11 bankruptcy after a restructuring that cut $2.5 billion in debt and raised significant new capital.
