Spirit secures $475 million DIP financing
Spirit Airlines has secured a multi-tranche debtor-in-possession (DIP) financing facility of up to $475 million, the airline said on September 30, 2025.The financing was secured from its existing bond...
Spirit Airlines has secured a multi-tranche debtor-in-possession (DIP) financing facility of up to $475 million, the airline said on September 30, 2025.The financing was secured from its existing bond...
Spirit Airlines will receive a $150 million liquidity infusion from its largest lessor, AerCap, bankruptcy court documents revealed today (September 30).As previously reported, the two parties had sig...
Amid its Chapter 11 restructuring, US low-cost carrier Spirit Airlines has reached a tentative agreement with AerCap to reduce the number of its leased aircraft with the lessor, according to bankruptc...
Fitch Ratings has downgraded Spirit Airlines’ credit rating to CCC- from CCC+, citing mounting operational losses, deteriorating liquidity, and heightened risk of default.Fitch also downgraded debt ti...
Spirit Airlines will commence a new nonstop service between Fort Lauderdale-Hollywood International Airport and Belize City later this year.From November 21, 2025, the airline will operate three weekl...
Spirit Airlines began operations from Columbia Metropolitan Airport in South Carolina on June 5, 2025, marking its third destination in the state.The low-cost carrier will operate four weekly flights ...
Spirit Airlines has received approval to list shares on the New York Stock Exchange (NYSE), the airline said on April 24, 2025.This news comes one week after Spirit Airlines appointed Dave Davis as th...
Spirit Airlines has appointed Dave Davis as the airline’s new president and chief executive officer, effective April 21, 2025.Davis joins Spirit from Sun Country Airlines, where he served the airline'...
Spirit Airlines and Safran Landing Systems have renewed their long-term agreement for the supply and maintenance, repair and overhaul (MRO) of wheels and carbon brakes for Spirit’s fleet of A320 aircr...
Ted Christie, president and CEO of Spirit Airlines, has stepped down from the company and its board of directors, effective April 7, 2025.“On behalf of the board and the Spirit team, I thank Ted for h...
Spirit Airlines has commenced a $350 million equity rights offering, as part of ongoing efforts to restructure under Chapter 11 bankruptcy.On December 30, 2024, the company began a $350 million equity...
Spirit Airlines has disclosed that it has entered into a restructuring support agreement (RSA) that will be implemented while the airline company is in a pre-arranged Chapter 11 bankruptcy protection ...
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