Spirit Airlines warns that it may not be able to survive next year

In her quarterly profit report, the carrier, who came out of bankruptcy only five months ago, said that the demand is still weak and the market conditions are still formed. As a result, you may find itself in the default.

“Because of the uncertainty in completing the initiatives successfully to comply with the minimum liquidity covenants and the results of discussions with the stakeholders in the company, the administration concluded that there is a great doubt about the company’s ability to continue as a continuous interest within 12 months from the date of issuing these financial statements,” SPIRIT said in the report.

Spirit was a leader in the low -cost transportation company, but it has faced the large opposite winds in recent years. The failed acquisition of Jetblue last year led to Bankruptcy. Meanwhile, passengers’ tastes, with less interest in reduced airlines and increasing the convergence of market options, such as paying the price of the additional legs area in the trainer.

Less than three weeks ago, Spirit announced that it would work Al -Aqala 270 pilots On November 1 and Demote 140 from the team leader to the first officer on October 1. That was the latest in the leave line of the soul. Airlines 186 pilots won In 2024 and about 330 in January this year.

The soul appeared from Chapter 11 in March. Before this deposit, which was made last October, Spirit did not publish an annual profit since before Covid. To attract higher wage customers, the company launched a business category option and banned middle seats.