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February 26, 2026

Spirit Airlines to exit Chapter 11 soon

DANIA BEACH, Fla. (AP) — Spirit Airlines' parent company says it expects to exit Chapter 11 bankruptcy in late spring or early summer after striking a preliminary deal with lenders.

The company on Tuesday said the agreement gives it enough support to finish its restructuring. Spirit says it plans to emerge from the bankruptcy reorganization as a smaller and leaner carrier by shrinking and cutting costs and reshaping its fleet and route network.


 
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