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Spirit Air Awards Executive Bonuses Upon Second Bankruptcy

Markets

Eliza Ronalds-Hannon, Jonathan Randles

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August 29, 2025

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Bloomberg

Spirit Airline executives who oversaw the company’s first attempt to restructure in bankruptcy and its subsequent descent into another Chapter 11 will receive millions in bonuses for staying at the cash-strapped airline as it tries again to turn around, according to a company filing.

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