Spirit Airlines warns investors that it can be forced to get out of work in the next 12 months because it is struggling to restore profitability after leaving bankruptcy earlier this year.
Executive officials in the separation file on August 11 with the Securities and Exchange Committee wrote that the company is not sure whether it would be able to meet the minimum requirements for cash on the hand as part of the end of its bankruptcy.
“The company continued to be affected by the negative market conditions, including the high local capacity and the constant demand for local entertainment travel in the second quarter of 2025, which led to the continued trends in difficult pricing operations. presentation He said.
The document continued steps taken by Spirit Airlines to try to enhance profitability, including restructuring its own road network and adding more distinguished seats on board because the outstanding entertainment travel continues to see the relatively high demand through the aviation industry.
The spirit announced last month a plan Al -Aqala 270 pilots Try to keep liquidity. The company said it is considering other efforts, including selling some of its aircraft and the gate to other airlines.
However, the airline warned that these steps may not be sufficient to keep them standing on its feet.
“Although the company’s goal is to implement in these initiatives, there can be no guarantee that such initiatives will be successful,” the file said. “The administration concluded that there is a great doubt about the company’s ability to continue as a constant concern within 12 months of the date of issuing these financial statements.”
For travelers booked on Spirit, there is no immediate danger that their trips will not work, but those who have long -term travel plans, at least, must think about buying travel insurance if their itinerary includes spiritual trips.
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Experts said that the loss of spiritual airlines in the USA market will be bad for travelers throughout the country – even those who have not traveled or never travel with the airline.
“(Low -cost transport companies) combined are taxi leaders. It is in the interest of consumers to see the budget airlines to remain in business and be successful business”, “Henry Harverfield, President of Research Research, a travel industry analysis company, The United States of America was previously told. He and other analysts have indicated repeatedly that low -cost airlines usually reduce ticket prices when they enter a new market, which means that full airlines often reduce their prices to compete for customers.
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