Spirit Airlines Buys Tools, Time, Flexibility In Repeat Restructuring
Fleet optimization is “critical and time-sensitive,” Spirit Airlines states in a recent bankruptcy court filing.
Credit: Stu Gray/Alamy Stock Photo
Having navigated “intensified” industry headwinds since emerging from bankruptcy in March, Spirit Airlines cited an unexpected dispute with a lessor as the tipping point that forced it to file for Chapter 11 protection again. Spirit’s Aug. 25 notices from AerCap on its leased aircraft were twofold...
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