Spirit Aviation Holdings, parent company of Spirit Airlines (NASDAQ: SAVE), announced on March 12 local time the successful completion of its financial restructuring, reducing debt by approximately 795millionthroughdebt−for−equityswaps.Aspartoftherestructuring,SpiritAirlineshassecured350 million in equity financing from existing investors to fund future initiatives, including enhancing passenger travel experiences and pursuing higher-value investment opportunities. The company stated it intends to pursue a swift relisting on stock exchanges once the restructuring plan takes effect.