Spirit Airlines expects to exit Chapter 11 by summer

Spirit Bankruptcy Sparks Travel Chaos

The fallout from the ongoing Spirit bankruptcy is leaving travelers stranded as the budget airline cancels hundreds of flights while negotiating a creditor agreement. Spirit Airlines, which has filed for Chapter 11 bankruptcy twice, cut more than 250 flights this month, disrupting passengers across South Florida. According to reports, the cancellations were not tied to recent snowstorms. Instead, staffing shortages appear to be at the center of …

Spirit Airlines expects to exit Chapter 11 by summer

Spirit Airlines’ parent company says it expects to exit Chapter 11 bankruptcy in the late spring or early summer, after striking a preliminary deal with its lenders and secured creditors that provides the support needed to finish its restructuring.

Spirit Airlines Reaches Agreement in Principle on Key Terms of Restructuring Support Agreement with Its Secured Creditors

Emergence from Chapter 11 expected in late spring or early summer DANIA BEACH, Fla., Feb. 24, 2026 /PRNewswire/ — Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, LLC (“Spirit” or the “Company”), today announced that Spirit has completed another significant milestone in its restructuring by reaching an agreement in principle on the key terms of a […]