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财务重组失败后精神航空正探索战略替代方案 Spirit Aviation(FLYY.US)盘前大跌
Zhi Tong Cai Jing· 2025-08-25 12:17
知情人士透露,这家廉价航空公司已聘请财务顾问公司PJT Partners协助应对现金短缺问题,该公司此 前曾表示,现金短缺让人怀疑其能否继续经营下去。 精神航空已警告称,若没有现金注入,公司将无法履行债务义务,且很可能无法再维持运营一年。精神 航空于去年11月申请破产保护,并于今年3月脱离第十一章破产保护程序。 知情人士透露,Spirit Aviation Holdings(FLYY.US)旗下的廉价航空公司精神航空在近期财务重组未能使 公司走上可持续发展道路后,正在探索战略替代方案。受此消息影响,Spirit Aviation盘前大跌10%。 该公司同时正在与咨询公司FTI及Seabury航空战略集团合作。 ...
Azul transforms for the future as Company reaches agreements on financial reorganization with key stakeholders, including its lenders, largest lessor, and strategic partners United Airlines and American Airlines
Prnewswire· 2025-05-28 10:11
Core Viewpoint - Azul S.A. has initiated a pre-arranged restructuring process under Chapter 11 in the United States, aiming to secure approximately US$1.6 billion in debtor-in-possession financing and eliminate over US$2.0 billion in debt, positioning the company for long-term success in the aviation industry [1][3][5]. Financial Restructuring - The restructuring process includes Restructuring Support Agreements with key stakeholders, including bondholders and major lessors like AerCap, as well as strategic partners United Airlines and American Airlines [3][6]. - The financing structure involves up to US$950 million in equity investments, which will facilitate an accelerated emergence from the restructuring process [1][3]. - The company plans to utilize the Chapter 11 process to optimize its capital structure, reduce lease obligations, and enhance fleet efficiency, ultimately leading to improved cash flow generation [5][10]. Operational Continuity - Azul will continue its operations normally, honoring all customer commitments, including tickets and loyalty points, throughout the restructuring process [2][4]. - The company has filed motions to support ordinary-course operations, ensuring that crewmember compensation and benefits programs remain intact [9]. Stakeholder Support - Key stakeholders, including AerCap, United Airlines, and American Airlines, have expressed confidence in Azul's restructuring plan, highlighting the collaborative approach taken to strengthen the airline's future [6][8][9]. - The support from these partners is expected to reinforce Azul's financial position and operational efficiency, allowing the company to emerge stronger post-restructuring [10]. Company Overview - Azul S.A. is the largest airline in Brazil by flight departures and destinations, operating over 900 daily flights to more than 150 locations with a fleet of over 200 aircraft [13]. - The airline has been recognized for its operational excellence, being named the most on-time airline in the world in 2023 [13].