Spirit Airlines has withdrawn two aircraft from a motion seeking to reject a certain number of leases, the airline said in a bankruptcy court document filed on Sunday and then published today (December 23).
The original motion, filed on December 2, aimed to reject leases tied to 11 Airbus A320 aircraft as part of its Chapter 11 bankruptcy proceedings.
Following further discussions with one lessor, Spirit reached a stipulation under Bankruptcy Code §1110. This section of the code protects lenders and lessors of aircraft from bankruptcy.
The two aircraft are leased from ST Engineering. The two jets are powered by IAE V2500 engines, which typically power the A320ceo jets.
Spirit said in the document filed to the US Bankruptcy Court for the Southern District of New York that the withdrawal is “without prejudice”, meaning that the airline can refile motions regarding the two aircraft in future if circumstances change.
The notice comes as Spirit continues to navigate its Chapter 11 proceedings. The airline filed for bankruptcy in August 2025 — only months after exiting bankruptcy proceedings in March 2025.
The airline published its monthly operating report today as part of the bankruptcy proceedings.
During November 2025, the airline reported $238.9 million in operating revenue while incurring $311.7 million in operating expenses. This resulted in an operating loss of $72.7 million for the month.
Spirit's net loss for November totalled $54.7 million.
The losses come amid its restructuring efforts, with Spirit aiming to optimise both its operations and its fleet. The airline cited liquidity pressures and softening demand amid economic uncertainty as key drivers for its second bankruptcy filing in a year.
Spirit and fellow low-cost carrier Frontier Airlines have reportedly revived merger discussions, according to a Bloomberg News report. The report is based on sources who have said that a transaction could be announced by the end of the year.