Spirit Aviation Holdings, Inc.

  1. December 04, 2025

    Spirit Airlines Seeks OK For $140M Engine Settlement

    Spirit Airlines says it has reached a $140 million agreement with International Aero Engines related to engines that had grounded some of the budget airline's fleet.

  2. November 25, 2025

    Spirit Airlines Seeks More Time To File Ch. 11 Plan

    Spirit Aviation Holdings has asked a New York bankruptcy court for an extension of its exclusive rights to file and solicit votes on a Chapter 11 plan, saying it has already made significant progress in the proceedings but needs more time to continue negotiations with creditors.

  3. November 03, 2025

    Dr. Phil Biz Ch. 11 Converted, Claire's Can Exit Bankruptcy

    A judge agreed to switch the bankruptcy of a media company tied to talk show host Dr. Phil McGraw to a Chapter 7 case, Claire's obtained approval for its Chapter 11 exit plan and Spirit Airlines got the final sign-off for more than $1 billion in postpetition financing.

  4. October 30, 2025

    Meet The Examiner Probing Spirit's Quick Return To Ch. 11

    Marc J. Heimowitz has seen many times what creditors experience when an airline goes bankrupt, and his deep Wall Street experience analyzing distressed companies in the industry will help him in his new role as the examiner appointed to investigate the circumstances surrounding Spirit Airlines' second Chapter 11 filing in August, just over five months after it had exited its prior bankruptcy.

  5. October 29, 2025

    Spirit Airlines Gets Final OK For $1.23B Ch. 11 Financing

    A New York bankruptcy judge gave final approval to Spirit Airlines' $1.23 billion Chapter 11 financing package, which includes $475 million of new money and a rollup of prepetition debt.

  6. October 28, 2025

    Spirit's Creditors Committee Backs Final DIP After Concession

    A group of creditors for Spirit Airlines have told a New York bankruptcy court they now support the budget air carrier's request for debtor-in-possession financing on a final basis, after the debtor agreed to modify several key terms, including lowering the portion of existing debt to be converted into new priority DIP loans.

  7. October 14, 2025

    First Brands CEO Resigns, Spirit Wins $200M DIP Facility

    Bankrupt auto parts maker First Brands' founder stepped down as CEO. Spirit Airlines won approval for $200 million in debtor-in-possession financing and a settlement with its lessor. Global Wound Care warned that delayed Medicare payments, worsened by the government shutdown, threaten its liquidity. And a Delaware judge approved CareerBuilder + Monster's Chapter 11 plan. This is the week in bankruptcy.

  8. October 10, 2025

    Spirit Airlines Gets OK On $200M DIP, AerCap Lease Deal

    A New York bankruptcy judge Friday approved Spirit Airlines' request to borrow $200 million under a Chapter 11 financing deal and enter into a settlement with its largest lessor, letting the budget air carrier fund its case as it works to pare down its fleet of jets.

  9. September 30, 2025

    Spirit Airlines Brass Face Investor Suit Over Pre-Ch. 11 Claims

    The CEO and chief financial officer of embattled budget airline Spirit face proposed shareholder class action claims that they misled investors about the company's prospects after its emergence from bankruptcy in March, only to announce months later that it had sought Chapter 11 protection once again.

  10. September 30, 2025

    Spirit Lines Up $475M DIP, Expects $150M From AerCap Deal

    Spirit Airlines has lined up $475 million in Chapter 11 financing, its attorney told a New York bankruptcy judge Tuesday at a hearing in which he also shared that its largest lessor, AerCap, would be giving the debtor $150 million in cash as part of a recently announced deal.