US EditionSpirit Airlines Announces Amendment to DIP Credit Agreement to Support Restructuring Progress
3 Articles
3 Articles
Spirit Airlines Fires Back: Low-Cost Carrier is Not Ceasing Operations This Weekend - The Bulkhead Seat
Just about every news source and blogger has chimed in this weekend around the supposed demise of Spirit Airlines that was supposed to occur yesterday. I wasn’t buying it and even purchased tickets for two flights on the low-cost carrier for this month and February. The Air Current first shared the premise that the end might be near, but I’m hopeful that Spirit will persist. The airline has filed for bankruptcy twice within the past year while b…
While Spirit Airlines is continuing its restructuring under the protection of Chapter 11 of the US Bankruptcy Act, the company's pilots have just ratified a new amended collective agreement. This massive vote, at 82% in favour, allows the ultra low-cost carrier to gain the support of its main business to take a decisive step towards its survival. The pilots of Spirit Airlines, represented by the Air Line Pilots Association, International (ALPA),…
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