Spirit Airlines files restructuring support agreement and Chapter 11 reorganization plan in New York court

Reuters

Mar 14

<a href="https://laohu8.com/S/SAVE">Spirit Airlines</a> files restructuring support agreement and Chapter 11 reorganization plan in New York court

Spirit Airlines said it will file a restructuring support agreement and a plan of reorganization with the U.S. Bankruptcy Court for the Southern District of New York. The company said it expects to emerge from Chapter 11 by early summer. Spirit said it plans to rightsize its fleet to 76-80 aircraft by Q3 2026. The carrier said its debt and lease obligations are expected to fall from USD 7.4 billion to about USD 2 billion after emergence. Spirit said customers can continue to book travel and use tickets, credits and loyalty points as normal during the process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Spirit Airlines Inc. published the original content used to generate this news brief on March 13, 2026, and is solely responsible for the information contained therein.

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