Spirit Airlines Files Second Bankruptcy in a Year, Impacting Flights and Loyalty Programs

Spirit Airlines filed for Chapter 11 bankruptcy for the second time in less than a year due to ongoing financial difficulties, lease disputes, and operational challenges, despite previous restructuring efforts and industry headwinds. The airline plans to reduce costs, redesign its network, and optimize its fleet, while negotiations with creditors and lessors continue. The bankruptcy does not impact current operations or ticket sales.