Credit: Spirit Airlines
High-level management at Spirit Airlines has committed to pay cuts after reaching tentative deals with pilots and flight attendants that should allow the carrier to access a second tranche of debtor-in-possession (DIP) financing. Spirit is in the midst of its second formal restructuring in less than...
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Spirit Airlines Reaches Tentative Labor Deals To Access DIP Financing is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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