Airline

Spirit Airlines reaches agreement with its secured creditors to exit Chapter 11 later this year

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Spirit Airlines reaches agreement with its secured creditors to exit Chapter 11 later this year

Spirit Airlines has reached an agreement on key terms of a restructuring support agreement with its existing debtor-in-possession (DIP) lenders and secured noteholders. The airline said that with this agreement, it aims to emerge from its Chapter 11 bankruptcy proceedings in late spring or early su...

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