Spirit Airlines will continue to fly after filing for bankruptcy restructuring on Friday, exactly five months after its final reorganization.
Dania Beach, Florida Budget Airline said Letter to flyers It will continue the flight, and they can continue using “tickets, credit and loyal points”. All other passengers including Sever Club and Credit Card Perk are also available for use.
“It has become clear that a lot of work is to be done and many more equipment are available for the future for the future,” said Dave Davis in a statement on Friday, the chairman and CEO of the Spirit. “After completely evaluating our options and considering recent events and market pressures facing our industry, our board of directors decided that a court-pilgrimage is the best way to make the necessary changes to ensure our long-term success.”
During the three and a half months from mid -March, the soul lost $ 186 million when it Its final bankruptcy came out of reorganizationThrough the end of June. This is usually an extreme time for the budget journey that includes spring brakes.
Airline Warned investor On August 11 that “had sufficient doubt as the company’s ability to continue as a concern within 12 months.”
Davis said that Spirit has planned to undergo a “broad” restructuring this time. Its Final bankruptcy In November 2024, mainly focused on carrier’s loan.
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Spirit said in a statement that comprehensive restructuring would include a root map redesign focused on major focus cities, shrinking airline fleet and reducing the cost.
Based on the schedule from the Aviation Analytics firm Sirium, the airline has the five biggest destinations from flights in the third quarter:
- Fort loderdel-Hollywood International Airport (FLL)
- Orlando International Airport (MCO)
- Harry Reid International Airport (LAS) in Las Vegas
- Detroit Wayne County Metropolitan Airport (DTW)
- Newark Liberty International Airport (EWR)
- Spirit schedule is more than a quarter during the three months ending in September compared to the same period in 2024, showing the cirium data.
The carrier flew 215 Airbus A320-family aircraft in late June, its latest quarterly financial filing show.
Other airlines are not waiting for the restructuring of the soul or, in the worst position, failed. Frontier Airlines recently 20 new routes unveiled It includes many Spit markets. And analysts believe that other carriers, including JetW Airways, Sun Country Airlines and United Airlines, are interested in Spirit’s gates and facilities at various airports like FLL and DTW.
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