Spirit Air Says No Restructuring Plan After JetBlue Setback

01/19/2024 08:24
Spirit Air Says No Restructuring Plan After JetBlue Setback

Spirit Airlines Inc. downplayed speculation it’s planning a bankruptcy-driven restructuring even as the discount carrier reexamines its balance sheet following the collapse of a planned sale to JetBlue Airways Corp.

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Spirit Airlines Inc. downplayed speculation it’s planning a bankruptcy-driven restructuring even as the discount carrier reexamines its balance sheet following the collapse of a planned sale to JetBlue Airways Corp.

“Spirit is not pursuing nor involved in a statutory restructuring,” the company said in an emailed statement late Thursday.

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