Spirit Airlines (NK) has received approximately $150 million in compensation from engine manufacturer Pratt & Whitney (P&W) for its grounded Airbus aircraft.
Spirit Airlines Bankruptcy News
Frontier Group Holdings presents a merger proposal to Spirit Airlines (NK) through a combination of new debt issuance and common stock.
Spirit Airlines (NK) ongoing restructuring efforts, the United States Bankruptcy Court for the Southern District of New York has approved the sale of 23 Airbus aircraft to GA Telesis.
Spirit Airlines on brink of filing for bankruptcy protection following collapse of merger talks with Frontier, possible mass cancellations.
Ultra low-cost carrier, Spirit Airlines (NK) has secured a $519 million deal with GA Telesis to sell 23 of its older Airbus A320 family aircraft.
Rumors of Spirit Airlines filing for Chapter 11 bankruptcy protection intensified following reports of company’s ongoing financial challenges.
Florida-based low-cost carrier Spirit Airlines (NK) is negotiating with bondholders about potential bankruptcy (Chapter 11) filing terms.