Spirit Airlines recovery plan approved by court

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 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 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").
Spirit Airlines To Go Private After Court Approves Restructuring Plan, Retail Expresses Disappointment
Spirit Airlines (SAVEQ) garnered retail attention on Thursday after a court approved its plan to exit bankruptcy by converting $795 million in debt to equity and emerge as a privately owned company. The company said it expects to emerge from restructuring in the coming weeks following the approval of the United States Bankruptcy Court for the Southern District of New York to hand over the airline to creditors.
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' bankruptcy plan approved, gives major lenders control
Spirit Airlines’ (OTC:SAVEQ) plan to exit bankruptcy through a debt restructuring deal has been approved by a bankruptcy court that will transfer ownership of the beleaguered carrier to its majority lenders.
After a string of incidents, some flyers are sticking with a surprising carrier: Spirit
People pointed out on social media that Spirit hasn’t dealt with recent plane crashes like American and Delta airlines, and that the budget airline uses an all-Airbus fleet after incidents on ...
Spirit Airlines launches nonstop MEM flight to New Orleans for Mardi Gras
Spirit Airlines launched the nonstop flight on Feb. 20 from Memphis International Airport (MEM) to Louis Armstrong New ...
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 ...
Florida, Las Vegas, Puerto Rico: Top spring break spots according to Spirit Airlines
Florida, Las Vegas and Puerto Rico are the top spring break destinations, offering a mix of attractions, beaches and culture.
Spirit to exit bankruptcy, billionaire Ken Griffin's Citadel among buyers
Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.
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 ...