Spirit Airlines Announces Leadership Change

In a significant move, Spirit Airlines, Inc. is reportedly on the verge of naming Dave Davis as its new chief executive officer (CEO). This decision comes shortly after the departure of former CEO Ted Christie in early April. According to the Wall Street Journal, an official announcement is anticipated later today.

Dave Davis's Extensive Airline Industry Experience

Davis brings a wealth of experience to the table, having recently served as president and chief financial officer at Sun Country Airlines Holdings Inc. His impressive career also includes a tenure as CFO of Northwest Airlines before its acquisition by Delta Air Lines.

Spirit Airlines's Recent Challenges

The airline has faced its share of hurdles, including a failed merger attempt with JetBlue Airways Corp. and a subsequent filing for bankruptcy protection in November to restructure its debt. The appointment of Davis is seen as a pivotal step in the company's recovery strategy.