Spirit Airlines, fresh from bankruptcy, is ready to take on the new Southwest, CEO says
1. Spirit Airlines emerges from bankruptcy, ready to compete with Southwest. 2. Southwest Airlines will now charge for checked bags, altering competitive dynamics. 3. Spirit could attract Southwest's customers, capitalizing on new baggage fees. 4. Spirit aims for profitability after significant operational losses last year. 5. Spirit has reduced debt significantly and plans to relist shares soon.