Paddle Your Own Kanoo
• Mateusz Maszczynski
Spirit pilots urge Citadel to keep financing as liquidation risk grows; carrier asks court to pause investor securities suit
Spirit's pilots have urged Citadel to maintain debtor-in-possession financing as the carrier faces growing liquidation risk in its second Chapter 11, while Spirit asked a federal court to stay a proposed securities class action against top executives, saying the suit distracts management during restructuring.