Bankruptcy Court Approves Spirit-AerCap Agreement, DIP Financing

Spirit Airlines aircraft taking off
Credit: Joe Raedle / Staff / Getty Images
Spirit Airlines has bankruptcy court approval for certain financing agreements and aircraft lease rejections. The approval confirms a previously announced debtor-in-possession (DIP) financing facility of up to $475 million from its existing bondholders, with $200 million immediately available to...
Christine Boynton

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

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