U.S. weighs potential aid package for Spirit Airlines during bankruptcy
Reports say Washington could provide up to $500 million in financing as higher fuel prices add pressure to the ultra-low-cost carrier’s restructuring plan
Chapter 11
Spirit Airlines faces renewed bankruptcy uncertainty as liquidation risk emerges
U.S. low-cost carrier is in talks with creditors while rising fuel costs add pressure to an already fragile restructuring
Spirit plans to cut fleet to 76-80 aircraft as part of bankruptcy restructuring
US airline aims to reduce debt and focus on A320 and A321ceo jets
Spirit Airlines reaches agreement with creditors to exit Chapter 11 in early summer
Florida-based carrier plans further fleet cuts and network reshaping as it navigates second restructuring in less than a year
Azul exits U.S. Chapter 11 after cutting $2.5 billion in debt
Brazil’s third-largest airline secures new capital as local industry reshapes
Spirit Airlines in takeover talks with Castlelake amid bankruptcy process
Investment firm emerges as potential buyer after failed merger attempts and restructuring efforts
Brazil approves United Airlines’ US$100 million minority investment in Azul
Antitrust clearance allows United to raise its stake to nearly 8% as part of Azul’s Chapter 11 process
Azul carrier is set to return four Airbus A320neo to lessor in December
Decision affects aircraft with registrations PR-YRA, PR-YRN, PR-YRO and PR-YRQ, according to document filed in Chapter 11 process in the US
Azul Airlines to Slow E2 Deliveries and Return A330neos to Lessors
Brazilian carrier outlines revised business plan focused on reducing financial exposure and stabilizing long-term growth
Spirit Airlines plans to cut fleet by nearly 100 aircraft
Carrier seeks court approval to reject 87 leases after second Chapter 11 filing in 2025