Even more rumors about Spirit Airlines' future have now surfaced
Yahoo Finance·2025-12-17 17:28
After a weekend of circulating rumors about an imminent shutdown, Spirit Airlines shut them down with the announcement that it secured $100 million short-term debtor-in-possession financing that it can put toward sustaining operations. Half is available immediately, while the other half is contingent on making progress toward a meaningful restructuring after the airline filed two bankruptcies within nine months of each other. "$50 million (minus OID) is useable by Spirit immediately and the use of the r ...