Spirit Airlines Prepares To Reject Certain Aircraft Leases

Spirit Airlines Tampa April 2025
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)...
Christine Boynton

Christine Boynton is a Senior Editor covering air transport in the Americas for Aviation Week Network.

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