Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability. Spirit, an ultra-low-cost airline ...

A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private ...

Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than ...

NEW YORK (Reuters) - A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from ...

Spirit Airlines rejected Frontier’s latest $400M restructuring proposal, citing lower value, higher costs, and regulatory uncertainties. Spirit is set to finalize its restructuring in Q1 2025 ...

Spirit Airlines, citing “broad support” from a “supermajority” of its leading bondholders, said Thursday its reorganization plan has been approved by a federal bankruptcy court in New York ...

Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this ...

Though it is preparing to emerge from Chapter 11 bankruptcy protection, Spirit Airlines’ annual losses widened in 2024 as the ULCC battled a significant hike in its unit costs. Spirit’s annual ...

Spirit Airlines Gets Court Approval for $795 Million Debt Deal By Dietrich Knauth NEW YORK (Reuters) - A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing ...

DANIA BEACH, Fla., Feb. 11, 2025 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") today provided an update on its restructuring process regarding a new proposal (the "New Proposal ...

People pointed out on social media that Spirit hasn’t dealt with recent plane crashes like American and Delta airlines, and that the budget airline uses an all-Airbus fleet after incidents on ...