NEW YORK — Discount carrier Spirit Airlines has emerged from bankruptcy protection.
Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...
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Spirit Airlines exits bankruptcy 4 months after filing for Chapter 11 protectionSpirit Airlines said on Wednesday that it had successfully emerged from bankruptcy, exiting a major corporate restructuring ...
NEW YORK -- Discount carrier Spirit Airlines has emerged from bankruptcy protection.
Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.
Spirit sought bankruptcy protection in November of last year following several years of financial losses, unsuccessful merger efforts, and significant debt.
The airline has received a $350 million equity investment as part of its restructuring. Also, bondholders have converted $795 ...
Spirit Airlines has successfully exited Chapter 11 restructuring, having gained “significantly less debt and greater ...
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