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flag Spirit Airlines plans layoffs of about 200 employees as part of its bankruptcy restructuring.

flag Spirit Airlines, in the midst of Chapter 11 bankruptcy, plans to lay off about 200 employees to cut costs and streamline operations. flag The airline aims to achieve $80 million in annual savings and expects to emerge from bankruptcy by the end of the first quarter. flag This follows failed merger attempts with Frontier Airlines and JetBlue, and challenges including a Pratt & Whitney engine recall and increased labor costs post-pandemic.

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