BRIEF-Spirit Airlines Receives Court Approval For $475 Mln Debtor-In-Possession Financing

Oct 10 (Reuters) – Spirit Airlines: * SPIRIT AIRLINES RECEIVES COURT APPROVAL FOR $475 MILLION DEBTOR-IN-POSSESSION FINANCING AND KEY AGREEMENT WITH ITS LARGEST AIRCRAFT LESSOR * SPIRIT AIRLINES: OF TOTAL FINANCING, $200 MILLION IS IMMEDIATELY AVAILABLE TO COMPANY * SPIRIT AIRLINES: APPROVAL WITH AERCAP INCLUDES $150 MILLION PAYMENT, REJECTION OF 27 AIRCRAFT LEASES, RESOLUTION OF ALL CLAIMS & DISPUTES BETWEEN COS

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