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Meet The Attorneys Guiding Spirit Airlines In Ch. 11

By Vince Sullivan · September 2, 2025, 7:13 PM EDT

Spirit Airlines found itself in Chapter 11 for the second time in late August, less than six months after emerging from a previous bankruptcy in which it slashed $795 million of...

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Bankruptcy Scorecard

Summary

Budget airline Spirit filed for Chapter 11 six months after exiting bankruptcy through a debt-for-equity swap. The company said it will streamline operations, reduce its fleet, renegotiate contracts and make other overhauls in its second Chapter 11.

Case Number

1:25-bk-11897

Judge

Sean H. Lane

Venue

U.S. Bankruptcy Court for the Southern District of New York

Capital Structure

Total Liabilities:

$1 billion to $10 billion

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Case Information

Case Title

Spirit Aviation Holdings, Inc.

Case Number

1:25-bk-11897

Court

New York Southern

Nature of Suit

Date Filed

August 29, 2025