Spirit's LGA Slots Hit Auction Block in Bankruptcy Sale

TL;DR Summary
Spirit Airlines is auctioning its 22 LaGuardia Airport slots in a bankruptcy sale; the winning bid will be approved by a court, and the slots—determining capacity and how often planes can fly there—could enable roughly 12 more daily flights once allocated, with carriers like American, Frontier, JetBlue, Southwest, and Porter eyeing the assets while Terminal A is redeveloped by the Port Authority.
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- Spirit Seeks Bonuses To Keep Top Brass Through Wind-Down Law360
- Spirit Aims to Auction LaGuardia Slots, Pay Executive Bonuses Bloomberg Law News
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