Adviser fees hit $80mn and counting in Spirit Airlines bankruptcy
Current liquidation and prior restructuring procedure have cost more than $110mn combined
Current liquidation and prior restructuring procedure have cost more than $110mn combined

Money would come with equity warrants that could make government majority owner of struggling discount carrier

Bankrupt low-cost airline has been in talks with the federal government for a ‘financing package’

Bondholder group remains divided over $500mn on offer from White House that would rescue bankrupt budget carrier

Companies locked in a ‘confidence game’ with consumers to persuade them to book

Corporates try to take advantage of market rebounds rather than risk further turbulence or US midterm elections

Middle East war has unleashed severe disruption for the aviation sector