Spirit Airlines recovery plan approved by court

Spirit Airlines gets court approval for $795 million debt deal
A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company.
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 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 Gets Green Light From Court To Emerge From Bankruptcy
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Spirit Airlines to exit bankruptcy under go-private deal
SPIRIT Airlines won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover offer from rival Frontier Group Holdings. Read more at The Business Times.
Spirit Airlines Turns Down Frontier's Offer, Faces Uncertain Future Amid Bankruptcy
Spirit and Frontier started talks to merge their operations, but the process hit a snag when JetBlue Airways swooped in with a bolder $4 billion offer in March 2024.
Spirit Airlines' surprising bankruptcy decision turns heads
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull the struggling airline back on track is limited — and, now that Spirit has rejected a merger offer from Frontier ( FRON) for a second time, got even smaller.
Spirit Airlines Receives Court Confirmation of Reorganization Plan
Spirit Airlines, Inc. ("Spirit" or the "Company") today announced the Company's Plan of Reorganization ("the Plan") was confirmed by the United States Bankruptcy Court for the Southern District of New York (the "Court").
Why Spirit Airlines Really Doesn't Want To Join Forces With Frontier
Spirit Airlines rejected another acquisition offer by Frontier Airlines to combine the operations of both airlines, standing ...
Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the ...
Bankrupt Spirit Airlines seeks recapitalization after rejecting Frontier's bid
After filing for bankruptcy protection and going back and forth with Frontier Airlines — again — over a potential acquisition ...
JetBlue Mulls New Partnership After Talking With "Multiple Airlines"
JetBlue has taken several business decisions lately to restructure its operations in an attempt to improve its balance sheet.
Some airlines moving check-in ops to Terminal 2 at O'Hare starting next week
Spirit Airlines, Southern Airways Express and Denver Air Connection will move their check-in operations to Terminal 2. They ...
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‘We wish them luck’: Frontier chief Barry Biffle on failed Spirit tie-up attempt
Frontier Airlines chief executive Barry Biffle maintains that his airline's rejected attempts to acquire rival ultra-low-cost ...
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Avianca Plans Nicaragua-Fort Lauderdale Service, Joins Spirit On Route
The A320 that will fly the MGA-FLL route is configured to carry 180 passengers. The launch will come just weeks before ...