Spirit Airlines has appointed David Davis as its new CEO following its Chapter 11 bankruptcy exit. Davis, formerly of Sun Country Airlines, aims to attract higher-paying customers and improve service amid a decline in travel volume. He replaces Ted Christie, who led the airline through restructuring but stepped down after 13 years. Davis's contract includes a $950,000 annual salary and a substantial $4 million signing bonus, reflecting the board's investment in future growth and stability for the carrier as it undergoes transformation.
David Davis, a seasoned airline executive with a solid track record, is set to lead Spirit Airlinesâ transformation following its exit from bankruptcy.
Spirit is focused on attracting higher-paying customers and expanding its services amid facing a decrease in industry traveler volume.
Robert Milton praised Davis as a leader with a wealth of experience, indicating confidence in his ability to guide Spirit through its next phase.
The airline's new CEO takes over after significant restructuring, including a $4 million signing bonus and a competitive salary, showcasing the company's commitment to his leadership.
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