Spirit Airlines has reported a $72.7 million operating loss for the month of November, following a loss of $96.3 million in October and a third-quarter loss of $135 million. The US carrier is required to disclose the monthly operating report as part of its Chapter 11 process. Spirit in late August filed for Chapter 11 bankruptcy protection for the second time in 10 months. The Dania Beach, Florida-based airline in November generated $239 million in operating revenue. Expenses came in at $312 million. Spirit on 15 December disclosed that its senior secured noteholders agreed to amend its debtor-in-possession (DIP) financing, providing it with an additional $100 million in funding, including an immediately useable $50 million. DIP financing of up to $475 million for Spirit was granted court approval in October.

Philippine Airlines has taken delivery of its first of nine Airbus A350-1000s. The 382-seat jet joins two A350-900s already in PAL's fleet. "The arrival of the A350-1000 marks a significant milestone in our ongoing commitment to fleet modernization and network growth," states Lucio Tan, president of the airline's parent company PAL Holdings. "It will be a source of Filipino pride and a transformational step for our airline."

Australian carrier Regional Express Holdings has exited administration as Air T formally takes control of the turboprop operator. Air T says the closed transaction includes a A$50 million ($33 million) credit facility "funded by one of our investor partners" which will help to bring the Rex operational fleet to 45 aircraft within two years. Cirium fleets data shows that Rex has 34 Saab 340Bs in service and 23 in storage. The airline will have access to a A$60 million loan from the Australian government to support fleet reactivation and general operations. "This financing arrangement reflects the collaborative approach taken by Air T, the Commonwealth of Australia, and other stakeholders to assure Rex thrives for the long-term and continues to service regional Australians," says Air T, adding: "A strong Rex is good for Australia." Rex's chief executive Neville Howell states that the acquisition is "not just the resolution of a challenging chapter, but the beginning of a revitalised one", citing its focus on connecting to regional destinations in Australia. The airline was placed into administration in July 2004 after incurring heavy losses from its expansion into capital-city jet services using Boeing 737-800s. Those operations ceased but Rex continued to operate regional services while in administration, with the support of the Australian government.