Nov 18, 2024 · Early on Monday, the carrier announced it had filed for a prearranged chapter 11 that included backstopped commitments of $350 million in equity investment and $300 million in...

Nov 18, 2024 · WASHINGTON — After years of financial losses and a failed merger attempt, Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday. The low-cost carrier announced it has reached...

As part of the restructuring process, Spirit Airlines submitted a pre-arranged Chapter 11 plan of reorganization and its accompanying disclosure statement on November 26, 2024. The Court issued a ...

Nov 18, 2024 · Spirit Airlines has filed for Chapter 11 bankruptcy protection following significant financial struggles due to mounting losses and debt maturities, the airline announced Monday.

Nov 18, 2024 · Spirit Airlines (SAVE) announced that it has entered into a restructuring support agreement, or RSA, supported by a supermajority of Spirit’s loyalty and convertible bondholders on the...

Nov 18, 2024 · Spirit Airlines, Inc., today announced that it has entered into a restructuring support agreement (the “RSA”) supported by a supermajority of Spirit’s loyalty and convertible bondholders on the terms of a comprehensive balance sheet restructuring.

Nov 18, 2024 · Spirit Airlines announced Monday that it has filed Chapter 11 bankruptcy protection in an attempt to restructure to reduce debt and position the company for long-term success.

Nov 18, 2024 · Spirit Airlines filed for Chapter 11 bankruptcy protection on Monday after the budget airline's merger efforts collapsed and its losses spiraled out of control.

Nov 18, 2024 · Spirit Airlines (SAVE) announced that it has entered into a restructuring support agreement, or RSA, supported by a supermajority of Spirit’s loyalty and convertible bondholders on the...

2 days ago · Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late last year as budget airlines struggle.