Spirit Airlines Reaches Deal to Exit Chapter 11 by Early Summer 2026
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.
8 aviation articles tagged “Spirit Airlines”
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.
Spirit Airlines will suspend service to 10 cities as part of a major network restructuring; the move aims to boost profitability during bankruptcy recovery.
Spirit Airlines launched new collectible trading cards featuring its fleet and liveries to boost passenger engagement on all scheduled flights.
United Airlines is set to acquire Spirit Airlines' final two gates at Chicago O'Hare for $30 million, escalating the hub competition with American Airlines.
Southwest Airlines removed a passenger after a mid-flight food fight, highlighting a global rise in unruly passenger incidents, according to IATA data.
Ultra-low-cost carrier Spirit Airlines declined comment on a CNBC report suggesting acquisition talks with investment firm Castlelake amid its Chapter 11 reorganization.
Southwest Airlines claimed the top spot in the Wall Street Journal's annual US airline rankings, dethroning Delta after its four-year reign; Allegiant took second place.