A Chapter 11 bankruptcy could let Spirit Airlines restructure its debt following a failed merger with JetBlue.
South Florida-based Spirit Airlines indicated it is still focusing on recasting the terms of its debt with bondholders, but ...
Spirit Airlines (NK, Fort Lauderdale International) is exploring a potential Chapter 11 bankruptcy protection filing in the ...
Daily Memo: What Could Chapter 11 Mean For Spirit Airlines? is published in Aviation Daily, an Aviation Week Intelligence ...
Spirit Airlines may file for Chapter 11 amid major debts after a failed merger with JetBlue. The airline is saddled with debt of about $3.3 billion. A report of the potential bankruptcy filing ...
“However, while shares are at historic lows, the question will be if Spirit can restructure fixed costs outside of Chapter 11. We believe this is consistent with comments in a recent WSJ article ...
Shares of Spirit Airlines hit an all-time low in late trading after The Wall Street Journal reported that the budget carrier has been in discussions with bondholders over the terms of a potential ...