Overview

• Spirit filed a court motion on Thursday to reject 87 additional aircraft leases as part of its Chapter 11 restructuring, with approval pending.
• The carrier plans to shrink from about 214 aircraft toward roughly 100, with the 87 jets proposed for surrender on October 27, 2025 in Goodyear, Arizona, according to a court filing reported by ch-aviation.
• CFO Fred Cromer told creditors the strategy aims to deliver hundreds of millions of dollars in savings and support a smaller airline focused on profitable flying.
• Recent network actions include exiting service at more than a dozen U.S. airports and suspending roughly 40 routes to align capacity with demand.
• A prior deal with AerCap included rejecting leases on 27 aircraft and a $150 million payment to resolve a delivery dispute, while many of the newly listed aircraft are already out of service or in storage.