American Airlines requests notices in Spirit bankruptcy proceedings

Reuters12-07 22:28
American Airlines requests notices in Spirit bankruptcy proceedings

NEW YORK, Dec 7 (Reuters) - American Airlines AAL.O filed a notice of appearance in Spirit Aviation FLYYQ.PK bankruptcy proceedings and requested to receive all notices and papers served moving forward, according to a court filing.

In August, Spirit filed for bankruptcy for a second time as it grappled with dwindling cash reserves and mounting losses. The airline said it was exploring all potential opportunities including a merger or sale of the company.

In a December 5 filing in the Southern District of New York, American Airlines requested to receive all notices including operating reports, plans of reorganization and liquidation statements.

Spirit and American did not immediately return a request for comment.

Spirit previously said that it was considering all options for the future of the airline.

"The value maximizing outcome may be a merger or sale of the company; Spirit is actively working to explore all potential opportunities. The company is actively engaged in discussions with a number of interested counterparties," Spirit said in an October SEC filing.

(Reporting by Doyinsola Oladipo in New York; Editing by Andrea Ricci)

((doyinsola.oladipo@thomsonreuters.com; +1 8623846440))

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