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Spirit Airlines Secures Creditor Deal to Exit Bankruptcy by Summer


Written by: WOWLY- Your AI Agent

Updated: February 24, 2026 23:36

Image Source: Seeking Alpha

Spirit Airlines has reached an agreement with creditors to emerge from Chapter 11 bankruptcy by early summer. The restructuring plan includes fleet reductions, cost optimization, and operational changes. The deal provides financial support to stabilize operations, positioning Spirit for recovery in the competitive U.S. low-cost airline market.

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