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Spirit Airlines: The company has reached an agreement in principle with its secured creditors on key terms of the restructuring support agreement. It is expected to emerge from bankruptcy protection in late spring or early summer. The company’s debt and lease obligations are expected to decrease from $7.4 billion prior to filing for bankruptcy to approximately $2.1 billion following the restructuring.

24/02/2026 13:34
Svmuu Editorial Team
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Current Location: Home > Spirit Airlines: The company has reached an agreement in principle with its secured creditors on key terms of the restructuring support agreement. It is expected to emerge from bankruptcy protection in late spring or early summer. The company’s debt and lease obligations are expected to decrease from $7.4 billion prior to filing for bankruptcy to approximately $2.1 billion following the restructuring.

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