Spirit Airlines

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Spirit Airlines parent company files for Chapter 11 restructuring

Spirit Aviation Holdings, the parent company of Spirit Airlines, has voluntarily entered the Chapter 11 restructuring process in the United States in a move aimed at strengthening its long-term financial position. The company said the decision was taken to establish a more secure foundation for future growth. Chapter 11 is a court-supervised process that enables […]

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Spirit Airlines

Spirit Airlines’ John Kirby to retire after 40-year aviation career

Spirit Airlines has confirmed that John Kirby, Vice President of Network Planning, will retire at the end of this month. His decision closes a career that has lasted more than four decades in aviation. The airline expressed deep gratitude for his work. Rana Ghosh, Senior Vice President and Chief Commercial Officer, praised Kirby’s leadership and

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Spirit Airlines A320 AirTeamImages

Spirit Airlines extends wheel and brake partnership with Safran

Spirit Airlines and Safran Landing Systems have renewed their long-term agreement for the supply and MRO (Maintenance, Repair and Overhaul) of wheels and carbon brakes for the airline’s Airbus A320 fleet. The contract covers both A320ceo and A320neo aircraft currently in service, as well as future deliveries and was signed at MRO Americas in Atlanta,

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Spirit Airlines is emerging from financial restructuring

Spirit Airlines completes restructuring and strengthens financial position

Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, has successfully completed its financial restructuring, reducing approximately US$795 million in funded debt and securing greater financial flexibility for long-term growth. The airline now emerges in a stronger position, better equipped to enhance its services and improve profitability. As part of this restructuring, Spirit has received

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Spirit Airlines

Spirit Airlines restructuring update: Frontier’s proposal rejected

Spirit Airlines has provided an update on its restructuring process following a proposal from Frontier Group Holdings, the parent company of Frontier Airlines. On February 4, 2025, Frontier submitted a new restructuring proposal offering Spirit stakeholders US$400 million in second-lien debt and 19% of Frontier’s common equity following a proposed merger. The proposal would eliminate

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Spirit Airlines is emerging from financial restructuring

US Bankruptcy Court approves Spirit Airlines’ aircraft sale to GA Telesis

The United States Bankruptcy Court for the Southern District of New York has granted final approval for Spirit Airlines to complete the sale of 23 Airbus A320 and A321 aircraft to GA Telesis. This decision follows the court’s earlier approval on December 7, 2024 for the initial sale of five aircraft, with the latest ruling

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Spirit Airlines has filed for bankruptcy protection

Spirit Airlines files for bankruptcy protection, promises to keep flying

Spirit Airlines (Spirit), a US budget carrier, has filed for Chapter 11 bankruptcy protection after accumulating over US$2.5 billion in losses since 2020, REUTERS has reported. Despite its financial struggles, the airline has assured customers that operations will continue without disruption, including ticket bookings and loyalty programmes. The airline announced a “restructuring support agreement” backed

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GA Telesis is strengthening its fleet portfolio with the acquisition of 23 Spirit Airways Airbus aircraft

GA Telesis to purchase 23 Airbus aircraft from Spirit Airlines

GA Telesis, LLC, has signed a definitive purchase agreement for 23 used Airbus A320ceo and A321ceo aircraft from Spirit Airlines. This acquisition marks a significant milestone for GA Telesis, representing the company’s largest transaction involving non-leased aircraft of similar vintages. The aircraft, manufactured between 2014 and 2019, are powered by V2527-A5 and V2533-A5 Select-One™ jet

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Spirit Central, Spirit Airlines' new corporate campus at Dania Pointe in Dania Beach, Florida

Spirit Airlines unveils new corporate campus at Dania Pointe, Florida

On April 18, Spirit Airlines has marked the grand opening of Spirit Central, its new corporate campus at Dania Pointe in Dania Beach, Florida. The expansive campus, sprawling over 11 acres, comprises four edifices, including a support centre housing offices, an amenity building, a fresh crew training facility designed for practical training in flight simulators

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