Spirit Aviation Holdings, Inc. (FLYYQ)
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Spirit Airlines to recall furloughed pilots to combat attrition as carrier eyes bankruptcy exit
Spirit Airlines furloughed hundreds of its pilots but is now calling them back due to a shortage after aviators left the airline, many for other carriers, according to a memo reviewed by CNBC. The company last year filed for Chapter 11 bankruptcy for the second time in less than a year.
Spirit Airlines plans a much smaller future as it tries to survive bankruptcy—again
Spirit Airlines is hanging on by a thread—but it is hanging on.
Spirit Airlines reaches deal to exit bankruptcy proceedings by early summer
Spirit Airlines announced an agreement with lenders to emerge from bankruptcy this year as a leaner airline focused on high-demand routes and premium seating options.
Spirit Airlines expects to emerge from bankruptcy by summer
Spirit Airlines' parent company (OTCMKTS: FLYYQ) said it expects to emerge from Chapter 11 bankruptcy protection in the late spring or early summer after reaching a preliminary agreement with lenders and secured creditors to support the remainder of its restructuring. The early-stage deal is intended to provide the financial backing needed to complete changes to the airline's fleet, route network and cost structure.
Spirit Airlines is betting on this air-travel trend as it prepares to emerge from bankruptcy
Spirit Airlines has reached a deal with its creditors and expects to emerge from bankruptcy as a slimmer airline — and one not solely focusing on budget air travelers.
