Spirit Airlines reaches agreement with creditors to exit Chapter 11 in early summer
Florida-based carrier plans further fleet cuts and network reshaping as it navigates second restructuring in less than a year
Chapter 11
Azul exits U.S. Chapter 11 after cutting $2.5 billion in debt
Brazil’s third-largest airline secures new capital as local industry reshapes
Spirit Airlines in takeover talks with Castlelake amid bankruptcy process
Investment firm emerges as potential buyer after failed merger attempts and restructuring efforts
Brazil approves United Airlines’ US$100 million minority investment in Azul
Antitrust clearance allows United to raise its stake to nearly 8% as part of Azul’s Chapter 11 process
Azul carrier is set to return four Airbus A320neo to lessor in December
Decision affects aircraft with registrations PR-YRA, PR-YRN, PR-YRO and PR-YRQ, according to document filed in Chapter 11 process in the US
Azul Airlines to Slow E2 Deliveries and Return A330neos to Lessors
Brazilian carrier outlines revised business plan focused on reducing financial exposure and stabilizing long-term growth
Spirit Airlines plans to cut fleet by nearly 100 aircraft
Carrier seeks court approval to reject 87 leases after second Chapter 11 filing in 2025
Spirit Airlines secures $475 million DIP financing amid restructuring
US carrier advances Chapter 11 process with new liquidity and asset agreements
US court authorizes Azul to terminate leasing contracts for four aircraft
Decision allows airline to return three A320neo and four E195 jets to lessors as part of fleet restructuring plan
Spirit Airlines files for Chapter 11 bankruptcy for second time
Carrier seeks court protection to restructure operations and address financial challenges amid ongoing market pressures