Category: Spirit Exists Chapter 11 Bankruptcy
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Spirit Airlines Exits Ch. 11 Bankruptcy, Does The Airline Have a Long Term Future?
Written by Sebastian Powell @ LoyaltyLobby Spirit Airlines just received approval from the judge overseeing its bankruptcy proceedings to exit Chapter 11 after the backing of private bondholders was secured, three months after the initial filing. Spirit is also going to restructure its debt obligations, which means the creditors will take […]