Restructuring Report
May 11, 2026 - Spirit Airlines, Genesis Healthcare, BlockFills, Axip Energy Services
5:44
This episode covers key developments in four major restructuring and bankruptcy cases:
Spirit Airlines moves to sell or abandon its remaining fleet following a full operational shutdown, seeking emergency court approval to dispose of aircraft, engines, and spare parts as surging fuel costs rendered its reorganization plan unworkable.
A federal district court vacates the extension of the…