Spirit Airlines (NK) is set to expand its network with 40 new routes and 2 new destination this spring, fresh off its four-month bankruptcy restructuring.
Bankruptcy
Spirit Airlines rejects Frontier’s merger bid, choosing to proceed with bankruptcy restructuring. Full details on the decision.
Former SpiceJet pilots file a bankruptcy petition over ₹3 crore unpaid dues, adding to the airline’s ongoing financial troubles.
If the winning bidder, the Jalan-Kalrock consortium, and the financing banks cannot agree on how to divide the income from aircraft rentals, lenders led by the State Bank of India (SBI) may force Jet Airways into liquidation.