Core Viewpoint - Spirit Airlines is undergoing significant restructuring due to its second bankruptcy in less than two years, which includes selling 20 Airbus jetliners and recalling some furloughed flight attendants to improve its financial situation [1][5][8]. Group 1: Aircraft Sale - Spirit Airlines has reached an agreement to sell 20 aircraft for approximately $533.5 million, with the potential for competing offers starting at around $554 million [7]. - The sale is expected to enhance the company's financial flexibility and will not impact the flight schedule as most of the aircraft are not currently in service [2][3]. - Proceeds from the sale will be used to pay off debt related to the aircraft and contribute to lower operational costs [4]. Group 2: Flight Attendant Recall - The company plans to recall 500 of the more than 1,300 flight attendants who were furloughed in December 2025 due to financial difficulties [8]. - Recalled flight attendants will receive notices on February 12, 2026, and will return to duty based on seniority as per the Collective Bargaining Agreement [9]. - The recall is aimed at addressing operational challenges faced by the airline and is viewed positively by the union representing the flight attendants [10].
Spirit Airlines to sell 20 jets, recalls furloughed flight attendants as it grapples with bankruptcy
New York Post·2026-02-13 15:15