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Spirit Airlines heading for Chapter 11 after rejecting merger with JetBlue?
American low-cost carrier weighs options to avoid bankruptcy
Spirit Airlines, an American low-cost carrier, is facing serious financial difficulties that could lead to bankruptcy. After the collapse of negotiations to merge with JetBlue Airways, Spirit has been in talks with its bondholders about the terms of a possible Chapter 11 filing (the Chapter 11 of the United States bankruptcy law that allows companies to reorganize under the protection of that same...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency