New York, March 13, 2025 (AFP) - Spirit Airlines says exits bankruptcy after restructuring

NAMPA / AFP

2025-03-14

Budget airline Spirit, which filed for bankruptcy in November after months of difficulties, announced Thursday it had completed a restructuring deal with creditors to trim its debt by nearly $800 million. "With significantly less debt and greater financial flexibility, Spirit emerges (from Chapter 11 bankruptcy protection) as a stronger company better positioned for long-term success," the carrier said. The restructuring was approved by a "superm......

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