Spirit Airlines emerges from bankruptcy a 'stronger and more focused airline,' CEO says

13 Mar 2025, 02:56 · UPI

March 12 (UPI) -- Spirit Airlines has completed the Chapter 11 bankruptcy process, and is "emerging as a stronger and more focused airline," chief executive Ted Christie said Wednesday.

The company declared bankruptcy on Nov. 18 after poor quarterly performances. The carrier rejected repeated acquisition proposals from rival discounter Frontier Airlines and in January 2024, JetBlue's purchase plans of the rival airline were rejected by antitrust regulators