Spirit Airlines' Bankruptcy Plan Approved With Opt-Outs Intact
By Alex Wittenberg ( February 20, 2025, 4:15 PM EST) -- A New York bankruptcy judge said Thursday he will greenlight budget air carrier Spirit Airlines' Chapter 11 plan to hand control of the business to creditors and approve third-party releases that prompted objections from the U.S. Securities and Exchange Commission and others, setting up Spirit to exit bankruptcy and wipe out almost $800 million of debt....
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