CEO: Sprit Airlines not considering a bankruptcy filing
Spirit Airlines CEO Ted Christie says it is not thinking about a Chapter 11 bankruptcy move despite its heavy debt load
Stay updated with breaking news from Jetblue. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Spirit Airlines CEO Ted Christie says it is not thinking about a Chapter 11 bankruptcy move despite its heavy debt load
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans
So-called 'zombies' are just stumbling by on the brink of survival, barely able to pay even the interest on their loans.
Spirit CEO Ted Christie said he’s “encouraged” by its plan after the JetBlue deal collapse.
The decision ends months of back-and-forth among airline representatives, city officials and residents.