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Spirit signs compensation agreement with Pratt & Whitney for GTF engine issues

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Spirit signs compensation agreement with Pratt & Whitney for GTF engine issues

Spirit Airlines will receive compensation related to the geared turbofan (GTF) engine issues through to the end of the year, the airline said in a SEC filing on June 9. The agreement was signed with Pratt & Whitney affiliate International Aero Engines (IAE) on June 4 in which the company will r...

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