Spirit Aviation Holdings

Spirit Airlines announces orderly closure of all operations Spirit

Spirit Airlines announces orderly closure of all operations

Spirit Aviation Holdings, the parent company of Spirit Airlines (Spirit), has commenced an orderly wind-down of its operations with immediate effect. All Spirit flights have been cancelled, and passengers are advised not to travel to the airport. The wind-down follows the Company’s extensive efforts to restructure the business and pursue transactions intended to strengthen Spirit’s […]

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Spirit Airlines

Spirit Aviation Holdings cleared for leaner take-off

Spirit Aviation Holdings (Spirit) has reached a pivotal stage in its restructuring, announcing an agreement in principle with its existing debtor-in-possession lenders and secured noteholders on the core terms of a restructuring support agreement. The accord represents a decisive step towards concluding the airline’s Chapter 11 process and implementing the final operational and financial adjustments

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