Spirit files RSA to exit Chapter 11 by early summer 2026; cuts debt to $2B, trims fleet to 76–80 aircraft
Spirit Airlines filed a reorganization support agreement and Chapter 11 exit plan aiming to emerge by early summer 2026, cutting secured debt to roughly $2 billion and targeting a downsized fleet of 76–80 A320-family aircraft. The carrier said results significantly beat analyst forecasts amid Iran-linked fuel disruptions.