Spirit Airlines Delays Hearing Amid Federal Rescue Talks
The carrier postponed a court hearing while negotiating a 500 million dollar federal rescue. Lenders have not yet moved to trigger a liquidation of assets.
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Spirit Airlines delayed a bankruptcy court hearing scheduled for Thursday as the carrier continues negotiations over a $500 million United States government rescue package. The Florida-based airline is seeking immediate liquidity to avoid a liquidation process that could begin within seven business days. For investors, the outcome determines whether the carrier survives its second restructuring since 2025 or faces a total asset sale that would wipe out existing equity.
