Spirit Airlines Reemerges on NYSE American After Bankruptcy Restructuring

Spirit Airlines is set to resume trading on the NYSE American exchange on April 29, 2025, marking a significant milestone in its recovery following a Chapter 11 bankruptcy filing in November 2024. The airline’s shares were previously delisted from the New York Stock Exchange due to prolonged financial struggles, including substantial debt and unsuccessful merger attempts.​

The relisting comes after Spirit successfully completed a comprehensive financial restructuring. The company equitized approximately $795 million of funded debt and secured a $350 million equity investment from existing investors. This deleveraging has significantly improved Spirit’s financial flexibility, positioning the airline for long-term success.​

As part of its transformation, Spirit has introduced new service offerings aimed at enhancing the customer experience.These include tiered pricing options with added amenities such as larger seats, priority boarding, and complimentary in-flight services. The airline’s leadership remains focused on returning to profitability and strengthening its position in the competitive low-cost carrier market.

The relisting on the NYSE American exchange under the ticker symbol “FLYY” signifies a renewed phase for Spirit Airlines as it aims to regain investor confidence and stabilize its operations.​