Reuters
• Sabrina Valle
Spirit to Reject 87 Leases, Retire Nearly Half Its All‑Airbus Fleet in Chapter 11
Spirit Airlines petitioned for Chapter 11 authority to reject 87 aircraft leases — including A320, A320neo and A321neos — effectively retiring nearly half its roughly 200‑aircraft all‑Airbus fleet and removing almost 100 jets from service. The restructuring, which will trim routes, is backed by up to $475 million in financing.
