Spirit Airlines avoided a near-term shutdown on December 15, 2025, when creditors approved an emergency $100 million cash ...

The extent of Spirit Airlines’ fleet-reduction plan is becoming clear as the beleaguered ultra-low-cost carrier (ULCC) seeks to reject the leases of a further 87 Airbus jets as part of the company’s ...

NEW YORK, Oct 3 (Reuters) - Spirit Airlines plans to shrink its fleet by nearly 100 aircraft, nearly half of its fleet, as part of a sweeping bankruptcy restructuring process, CFO Fred Cromer said on ...

Airlines worldwide are struggling, with many seeking ways to cut costs. However, cost-cutting measures only go so far. These airlines are most likely to go bankrupt in 2026.