Spirit Airlines: The company has reached an agreement in principle with its secured creditors on key terms of a restructuring support agreement. It expects to emerge from bankruptcy protection in late spring or early summer. The company's debt and le

2026-02-25

Spirit Airlines: The company has reached an agreement in principle with its secured creditors on key terms of a restructuring support agreement. It expects to emerge from bankruptcy protection in late spring or early summer. The company's debt and lease liabilities are expected to decrease from $7.4 billion before filing for bankruptcy to approximately $2.1 billion after restructuring.