Spirit Airlines warns that he may not be able to survive the following year

- Spirit Airlines warns that it could be bankrupt within one year. In his latest report on the results, the reduction carrier said that his finances should improve considerably or she had to find additional funding. Otherwise, “there is a substantial doubt” that he can survive.
Spirit Airlines warned that it could be permanently founded if its financial results do not improve and that it is unable to collect funds.
In his report on the quarterly results of this week, the carrier, who emerged from bankruptcy barely five months ago, said that the demand continues to be low and that market conditions are still problematic. Therefore, it can be by default.
“Due to the uncertainty of successfully completing the initiatives of compliance with the minimum liquidity clauses and the results of discussions with the stakeholders of the company, the management concluded that there is a substantial doubt about the capacity of the company to continue its concern in the 12 months from the date on which these financial statements are issued,” said Spirit in the report.
Spirit was a low -cost carrier market leader, but has faced substantial winds in recent years. An attempted redemption of JetBlue last year led to the bankruptcy deposit. The tastes of passenger, meanwhile, have changed, with less interest for airlines at a reduced price and a greater affinity for high -end options, such as paying for an additional leg space in the coach.
Less than three weeks ago, Spirit announced that he would do on leave of 270 pilots on November 1 and move 140 from the captain to the first officer on October 1. It was later in a line of content for Spirit. The airline experienced 186 pilots in 2024 and around 330 in January this year.
The spirit emerged from chapter 11 in March. Before this file, produced last October, Spirit had not published an annual profit since before Covid. To attract more paid customers, the company has launched a commercial class option and blocked intermediate seats.
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