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Spirit Airlines Exits Bankruptcy After Slashing $795M In Debt, Cutting Jobs Spirit Airlines Exits Bankruptcy After Slashing $795M In Debt, Cutting Jobs
Spirit Airlines Exits Bankruptcy After Slashing $795M In Debt, Cutting Jobs Spirit Airlines has flown past its financial turbulence, as the budget airline exits bankruptcy after shedding nearly $800 million in debt, officials said. Spirit has ended its financial restructuring process, the airline said in a news release on Wednesday, Mar. 12. The Dania Beach, Florida-based company filed for Chapter 11 bankruptcy in November 2024. The airline has finalized a plan that eliminates $795 million in funded debt and it also received $350 million in equity investments. "We're pleased to complete our streamlined restructuring and emerge in a stronger financial position…

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by Chris Spiker
News
'Largest International Expansion:' United Airlines Adds 5 New Flights At Newark Airport 'Largest International Expansion:' United Airlines Adds 5 New Flights At Newark Airport
'Largest International Expansion:' United Airlines Adds 5 New Flights At Newark Airport In the largest international expansion yet, United Airlines has added flights to eight new cities, five of them at Newark Airport. Starting in May 2025, United will launch five new nonstop flights from its hub in Newark/New York to destinations no other U.S. airline serves including Nuuk, Greenland; Palermo, Italy; Bilbao, Spain; Madeira Island, Portugal and Faro, Portugal.  The airline is also adding three new nonstop routes from Washington D.C./Dulles, including its first-ever flight to Dakar, Senegal operating year-round and new seasonal nonstop flights to Nice, France, and Ven…

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by Cecilia Levine