Spirit Airlines Received Court Approval of First Day Motions to Support Continued Business Operations
Source: Spirit Airlines Flights, ticket sales, reservations and operations continue as airline advances financial and operational transformation Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC ("Spirit" or the "Company"), has announced that it has received approval from the U.S. Bankruptcy Court for the Southern District of New York (the "Court") for its first day motions related to the Company's voluntary Chapter 11 restructuring. The Court's approvals enable Spirit to continue operating as usual, including honoring tickets, reservations, credits and loyalty points; paying wages and honoring benefits; and paying certain critical vendors and partners for goods and services delivered prior to the filing date. In addition, Spirit intends to pay vendors and suppliers for goods and services provided on [...]