Frontier Airlines experiences strong revenue performance in Q4, confirms higher-end EPS guidance The carrier also confirmed Jimmy Dempsey as its permanent President and CEO.
Spirit Airlines withdraws motion to return two Airbus A320 aircraft to lessor Spirit Airlines continues using its Chapter 11 bankruptcy to downsize its operations, including its fleet.
Revisited: Frontier’s Biffle lowballed Spirit, opposed post-Chapter 11 merger during Spirit’s first reorganization So far, Frontier Airlines has not made any publicly known offers to acquire or merge with Spirit Airlines during the latter's second Chapter 11 bankruptcy.
Judge approves Spirit Airlines’ gate sale to American Airlines at Chicago-O’Hare Previously, American Airlines, despite losing four gates at Chicago-O'Hare, outlined a goal to have more than 500 departures from the airport.
Spirit Airlines amends financing agreement, gets immediate $50 million liquidity boost The remaining $50 million will be available once Spirit Airlines fulfills previously agreed conditions, including progress on a potential "strategic transaction."
Spirit Airlines reaches amended agreements with pilots and cabin crew to access new financing Spirit Airlines obtained $475 million of DIP financing from its bondholders in October.
Spirit Airlines ends October with $20.9 million net profit However, it still ended the month with an operating loss of $96.3 million.