Spirit Airlines has completed the Chapter 11 bankruptcy process, and is "emerging as a stronger and more focused airline," chief executive Ted Christie said Wednesday.

Spirit Aviation Holdings, the parent company of Spirit Airlines said on Wednesday that the low-cost carrier has successfully completed its financial restructuring. (Reporting by Aatreyee Dasgupta in Bengaluru;

Spirit Airlines has flown past its financial turbulence, as the budget airline exits bankruptcy after shedding nearly $800 million in debt, officials said. Spirit has ended its financial restructuring process,