Florida-based carrier plans further fleet cuts and network reshaping as it navigates second restructuring in less than a year

EirTrade and RESIDCO acquire recently delivered jets as U.S. carrier restructures

Initial bid values aircraft at $533.5 million, with auction expected in April as part of its Chapter 11 restructuring process

Investment firm emerges as potential buyer after failed merger attempts and restructuring efforts

Carrier plans pilot furloughs, flight attendant layoffs, and capacity cuts as part of cost-saving measures

US Bankruptcy Court backs Spirit’s agreement with AerCap, paving way for significant fleet reduction and operational changes.

Carrier seeks court approval to reject 87 leases after second Chapter 11 filing in 2025

US carrier advances Chapter 11 process with new liquidity and asset agreements

Restructuring move involves job cuts, route reductions and potential fleet changes amid ongoing financial difficulties

Carrier seeks court protection to restructure operations and address financial challenges amid ongoing market pressures