“We are pleased to have reached this first milestone in our restructuring process, which will support normal operations as we take decisive action to ensure that Spirit continues delivering the best value in the sky for years to come.” Source: CEO Dave Davis, who took over not long after Spirit’s last restructuring, expressing his feelings about low-cost carrier Spirit Airlines havcing received the green light to continue scheduled flight operations as normal while under Chapter 11 Bankruptcy Protection. The new filing comes just five months after the carrier completed its restructuring process from last year.