The airline has adjusted its business at BWI Airport since filing for bankruptcy, cutting service to Tampa, Florida, and ...

Spirit Airlines is on track to emerge from Chapter 11 bankruptcy thanks to the private takeover of multibillion-dollar bondholders like Ken Griffin's Citadel Advisors.

A U.S. bankruptcy judge on Thursday approved Spirit Airlines’ SAVEQ.PK debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private ...

Related: Spirit Airlines' surprising bankruptcy decision turns heads. With the plan approved by bankruptcy judge Sean Lane, ...

The United States Bankruptcy Court for the Southern District of New York approved the plan, which equitizes “$795 million of funded debt, receive $350 million in new equity investment and issue $840 ...

Spirit’s approval comes after the third merger attempt by Denver-based ULCC Frontier Airlines, part of a back-and-forth ...

Spirit Airlines says it expects to emerge from Chapter 11 reorganization bankruptcy “within weeks” after a US court approved its recovery plan.

Supply chains for major planemakers Boeing and Airbus are showing signs of moderate improvement, the chief executive of Saudi ...

JetBlue continued to up its offer and started to win over Spirit shareholders, who believed the deal to be much superior to ...

JPMorgan Chase JPM.N said on Thursday that long-serving CEO Jamie Dimon's 2024 pay package climbed about 8.3% to $39 million after the bank posted a record profit amid a revival in dealmaking ...

Kim, 54, has been running Takeda’s US operations since 2022and will assume the role of CEO in June next year, subject to shareholder approval, the company said in a statement Wednesday.

In a recent chat with CNBC, Alexandr Wang, CEO of Scale AI, made a striking revelation about DeepSeek’s hardware stash. According to Wang, DeepSeek is in possession of over 50,000 NVIDIA H100 ...