What Could a Post-Bankruptcy Spirit Look Like?
Industry experts are analyzing what Spirit’s recent bankruptcy filing could mean for the carrier and the market at large.
Spirit
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Spirit Files for Bankruptcy Protection
Spirit is filing for bankruptcy after years of quarterly losses and mounting debt, the budget carrier announced on Monday.
Spirit Won’t Report Q3 Earnings as Stock Nosedives
Spirit announced that it filed a disclosure with the Securities and Exchange Commission stating the carrier is unable to file its Q3 earnings.
Spirit Merger Talks Fall Through, Bankruptcy Looms
Spirit is in advanced talks with bondholders over a potential bankruptcy filing, a Wall Street Journal report said on Tuesday.
Shots Fired at Spirit Flight in Haiti
Spirit Airlines flight 951 was forced to divert after being shot at while attempting to land in Port-au-Prince on Monday morning.
Airlines Cry Foul After DOT Denies Reagan National Slots
Frontier, Spirit, and JetBlue each submitted objections to the Department of Transportation this week after being denied slots at Reagan National Airport.
Spirit to Furlough Over 300 Pilots as Losses Mount
Spirit is furloughing more pilots as part of a cost-cutting initiative starting in January 2025, the carrier confirmed on Wednesday.
Spirit Slashes Q1 Capacity by Over 20%
The financially troubled ultra-low-cost carrier said last week that it plans to reduce year-over-year capacity in the midteens range in 2025.
Spirit Slated to Cut Fleet by 11% in 2025
With the 23 A320s and A321s removed from its 2025 fleet plan, the carrier will have nearly 11% fewer aircraft by the end of 2025.
Spirit Selling Over 20 A320-Series Jets
The beleaguered ultra-low-cost carrier (ULCC) plans to sell 23 Airbus A320 and A321 aircraft starting this month, according to an 8-K form filed Thursday.
