Spirit Airlines has emerged from its Chapter 11 restructuring, having reduced its debt by approximately $795 million.

The airline has received a $350 million equity investment as part of its restructuring. Also, bondholders have converted $795 ...

Spirit Airlines has officially exited Chapter 11 bankruptcy proceedings after shedding a large chunk of debt and receiving a ...

U.S. carrier Spirit Airlines , long known for its no-frills service, said on Wednesday it was pushing ahead with plans to ...

The Florida-based airline had filed for bankruptcy protection last November, after years of losses, failed merger attempts and heavy debt levels.

NEW YORK -- Discount carrier Spirit Airlines has emerged from bankruptcy protection.

Spirit Airlines has emerged from bankruptcy after a four-month restructuring process. The airline equitized $795 million in debt and secured a $350 million investment to support its future plans.

March 12 (UPI) --Spirit Airlines has completed the Chapter 11 bankruptcy process, and is "emerging as a stronger and more focused airline," chief executive Ted Christie said Wednesday. The company ...

NEW YORK (AP) — Discount carrier Spirit Airlines (SAVEQ) has emerged from bankruptcy protection. The budget airline — known for its no-frills, low-cost flights on a fleet of yellow planes ...

Spirit Airlines said Wednesday it formally has exited Chapter 11 bankruptcy proceedings “with significantly less debt and greater financial flexibility” after the South Florida-based carrier ...