Topline Spirit Airlines announced in a regulatory filing it would sell some of its older planes and eliminate jobs to reduce costs, causing shares of the budget airline—which dropped after reports the company was considering bankruptcy—to surge 20% on Friday for the stock's latest rally. The low-cost airline's stock has rallied in recent weeks after the company reportedly considered ... [+] bankruptcy. Copyright 2021 The Associated Press. All rights reserved. Key Facts Spirit's shares increased to over $2.9 ...