Tag

Aircraft Leases

All articles tagged with #aircraft leases

business3 months ago•3 min saved

Spirit Airlines to cut nearly 100 planes amid bankruptcy restructuring

Spirit Airlines is significantly reducing its fleet by over 100 planes through lease rejections and network cuts as part of its bankruptcy restructuring, aiming to save hundreds of millions of dollars and survive financial difficulties.

via The Points Guy|

#aircraft-leases #bankruptcy #business

business3 months ago•2 min saved

Spirit Airlines' Exit from Bradley Airport: Impact and Progress

Spirit Airlines is making significant progress in its restructuring efforts after filing for Chapter 11 bankruptcy for the second time in a year, securing up to $475 million in debtor-in-possession financing, cutting routes, furloughing staff, and rejecting aircraft and airport leases to reduce costs.

via CNBC|

#aircraft-leases #bankruptcy #business