Spirit Airlines (SAVE, Financial), a low-cost carrier, announced that it has received approval to list its stock on the New York Stock Exchange (NYSE). The airline expects trading to commence on April 29. This development comes just weeks after Spirit Airlines emerged from bankruptcy.
In November of last year, Spirit Airlines was delisted from the NYSE due to significant financial challenges, including years of losses, a failed merger attempt, and substantial debt. The relisting marks a significant step in the company's recovery process.
