It seems that Spirit Airlines alerts its future ability to stay at work

New York (AP) – After only months Exit from Chapter 11 bankruptcySpirit Airlines warns of its future ability to stay at work.

Holding the spirit of flying (fluorescentThe parent company of the budget transport company says it is “great doubts” about its ability to continue as a continuous curiosity during the next year-which is accountable for the existence of the resources necessary to maintain operations. In a quarterly report issued on Monday, Spirit referred to the “harmful market conditions” that continued to confront it despite the recent restructuring and other efforts to renew the offers.

This includes the weak demand for local entertainment travel, which Sperte said in the second quarter of its financial year-from other challenges and “uncertainty in its commercial operations” that the company expects its headquarters in Florida to continue “at least in the remaining period in 202.”

Known Lack of flights, low -cost flights On a fleet of bright yellow aircraft, Spirit has struggled to return to profitability and enhance resources to compete with competitors since the Covid-19s. High costs of operation and the eventually escalating debt pushed the company to Discipline protection request In November. By the time of presenting this chapter 11, the airline has lost more than $ 2.5 billion since the beginning of 2020.

When Spirit out of bankruptcy protection in March, the company succeeded in restructuring some of the debt waves on the horizon and securing new financing for future operations. SPIRIT has continued to make other efforts to reduce costs since-including plans to subjugate about 270 pilots and reduce about 140 captains to the first officers in the coming months.

This leave and intervention is scheduled to enter, both of whom were announced in July, on October 1 and 1 November, in line with the “expected journey size” for the spirit of 2026 “, the company noticed in its separate report. They also follow Previous signs and Job discounts It was captured before submitting the company’s bankruptcy last year.

Despite these efforts and other efforts to reduce costs, Spirit stressed on Monday that it needs more liquidity. As a result, the company said it may also sell certain planes and real estate.

A relatively young soul fleet, which made the airline an attractive target to acquire over the years. But these seizure attempts are budget Like jetblue and border It has not succeeded before And during The bankruptcy process.

Spirit shares fell by more than 40 % on Tuesday morning, with the company’s shares trading more than $ 1.80 at about 11 am.