Spirit Airlines Appoints Dave Davis As CEO After Emerging From Bankruptcy

Spirit Aviation Holdings, Inc., the parent company of Spirit Airlines, announced that its Board of Directors has appointed Dave Davis as its President and CEO,  and a member of the Board, effective April 21, 2025.

Davis previously served as President and Chief Financial Officer of Sun Country Airlines.

The announcement comes weeks after the company emerged from bankruptcy and restructured its Board.

Earlier this month, CEO Ted Christie had stepped down.

The company had also said that its Chief Commercial Officer and Executive Vice President, Matt Klein, will step down and be succeeded immediately by Senior Vice President Rana Ghosh.

Chairman Robert Milton expressed optimism on Davis’ appointment.

“He brings with him a wealth of experience and a solid track record of accomplishments from his many years in the airline industry. Dave's background at both Northwest Airlines and, more recently, at Sun Country Airlines, positions him well to lead Spirit's continued transformation,” he said.

Spirit added that Trey Urbahn will serve as Senior Commercial Advisor to support and help guide all aspects of the company’s commercial efforts, including network, pricing, and yield management, as well as the airline's onboard configurations and offerings.

In March, Spirit announced that it had received a $350 million equity investment from existing investors to support its future initiatives.

The common stock issued by Spirit Airlines was canceled, and newly issued shares now held by Spirit's new owners are expected to trade on the over-the-counter marketplace.

Spirit said it expects to re-list its shares on a stock exchange as soon as reasonably practicable after the effective date of its plan of reorganization.

Prior to the bankruptcy, Spirit was in talks with Frontier Group for a merger, but later ended the talks following a better offer from JetBlue Airways. However, the merger was scrapped following a court order citing anti-competition concerns.

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