Federal judges blocked JetBlue’s partnership with American Airlines and later a planned purchase of Spirit Airlines.
The unconfirmed combination could hold benefits for both carriers, but would likely encounter significant regulatory hurdles.
People see fewer Spirit mishaps in FAA statements on aviation incidents because there are fewer Spirit flights, Kiernan said.
The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...
Spirit Airlines Gets Green Light From Court To Emerge From Bankruptcy is published in Aviation Daily, an Aviation Week ...
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private ...
An airline investor conference on Wednesday became a merger chatter gala as executives dished on their airlines and others.
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull ...
JetBlue has taken several business decisions lately to restructure its operations in an attempt to improve its balance sheet.
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
Spirit Airlines (SAVEQ) garnered retail attention on Thursday after a court approved its plan to exit bankruptcy by ...
Spirit Airlines has announced that it will continue with its standalone recapitalization plan after rejecting a recent ...