(Reuters) – Spirit Airlines said on Thursday it has received an approval to list its shares on the NYSE American, weeks after the low-cost carrier emerged from bankruptcy. The company said its shares are expected to begin trading on April 29. NYSE had delisted Spirit’s shares in November as the U.S. no-frills airline filed for […]
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Spirit Airlines gets approval for NYSE American listing
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(Reuters) – Spirit Airlines said on Thursday it has received an approval to list its shares on the NYSE American, weeks after the low-cost carrier emerged from bankruptcy.
The company said its shares are expected to begin trading on April 29.
NYSE had delisted Spirit’s shares in November as the U.S. no-frills airline filed for bankruptcy after struggling with years of losses, failed merger attempts and heavy debt levels. (This story has been corrected to clarify that company will list on NYSE American, not the NYSE, in the headline and paragraph 1)
(Reporting by Utkarsh Shetti in Bengaluru; Editing by Shounak Dasgupta)