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Spirit Aviation Holdings Inc ( (FLYYQ) ) has shared an announcement.
Spirit Aviation Holdings Inc. has received interim approval from the Bankruptcy Court for a Superpriority Priming Debtor-in-Possession Credit Agreement, allowing Spirit Airlines, LLC to access up to $475 million in term loans. This financial arrangement, approved on October 10, 2025, is part of the company’s Chapter 11 bankruptcy proceedings. Additionally, Spirit Airlines has entered into a restructuring agreement with AerCap, involving lease adjustments and a $150 million liquidity payment, which was also approved by the court on the same date.
More about Spirit Aviation Holdings Inc
Average Trading Volume: 731,201
Technical Sentiment Signal: Strong Sell
Current Market Cap: $8.28M
See more insights into FLYYQ stock on TipRanks’ Stock Analysis page.