Spirit Airlines
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News
Spirit Airlines To Continue Flights Under Bankruptcy Protection
US-based low-cost carrier Spirit Airlines filed for Chapter 11 bankruptcy protection for the second time last week. The company has secured approval from the US Bankruptcy Court for the Southern District of New York, allowing it to continue operations without disruption. In a statement, Spirit Airlines confirmed that passenger tickets, loyalty programs, employee payments, and supplier services will remain unaffected.…
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Airlines
Spirit Airlines Continues Recovery – Returning to NYSE American
Just a year after filing for bankruptcy, Spirit Airlines is now preparing to return to the stock market. The company has received approval to be listed on NYSE American, a subsidiary of the New York Stock Exchange. Trading is set to begin on April 29, 2025, when the market opens. After its attempted merger with JetBlue was rejected last year,…
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News
Executive Shake-Up at Spirit Airlines
Spirit Airlines has announced the sudden departure of CEO Ted Christie, who had held the position for 13 years. His resignation comes during the company’s post-bankruptcy restructuring process. According to the New York Post, Christie would have been eligible for a $3.8 million bonus had he stayed a few more months. On the same day, Matt Klein, who had served…
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