Credit: Gary Hershorn/Getty Images
As it proceeds through its latest Chapter 11 restructuring process, Spirit Airlines has described new financing agreements and detailed its plans to reject more than two dozen aircraft leases. The ULCC negotiated with existing bondholders for up to $475 million in debtor-in-possession (DIP)...
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Spirit Airlines Prepares To Reject Certain Aircraft Leases is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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