Spirit Airlines Seeks to Start Wind-Down to Sell Assets

Spirit starts monthslong process of dismantling airline after biggest collapse in a generation

Spirit Airlines was back in bankruptcy court to start dismantling the airline.

Spirit seeks to start orderly wind-down to sell assets

The airline ceased all passenger flight operations Saturday after failing to obtain a rescue from the government.

Spirit Airlines seeks to start wind-down to sell assets

Spirit Aviation Holdings Inc. is set to start an orderly wind-down process to sell its assets, capping the downfall of the low-cost carrier that has filed for bankruptcy twice in recent years and failed to clinch a last-minute U.S. government rescue. Read more...

Spirit Airlines Seeks to Start Orderly Wind-Down to Sell Assets

Spirit Aviation Holdings Inc. is set to start an orderly wind-down process to sell its assets, capping the downfall of the low-cost carrier that has filed for bankruptcy twice in recent years and failed to clinch a last-minute US government rescue.

US’s Spirit Airlines to start orderly wind-down, sell assets

Spirit Aviation Holdings, parent of Spirit Airlines (Fort Lauderdale International), filed a motion on May 4, 2026, requesting US bankruptcy court authorisation to wind down operations after it ceased all flight operations on May 2. In the motion, the company requested the approval of its wind-down on an emergency basis. It told the court that “a massive and sustained increase in fuel prices” triggered by recent geopolitical events had led to a …