Spirit Airlines plans to raise $600 million backed by two upstart loyalty programs, part of an effort to boost cash reserves while daily losses continue to mount. On Aug. 31, South Florida-based Spirit announced a private offering of $600 million in senior secured notes due 2025, backed by the core...
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Spirit Airlines Taps Fledgling Loyalty Programs to Raise $600M is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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