Spirit Airlines files for Chapter 11 bankruptcy again

On Friday, the Spirit Airlines applied for a better financial basis for the budget carrier to be better financially based on the 11th episode Protection in March.

The Ruh Debtholders agreed to exchange debt for the equity in the previous bankruptcy that began in November, but the carrier avoided greater changes to reducing costs such as getting rid of the aircraft or narrowing the carrier’s footprint more significantly.

In a court in December, Spirit envisaged a net profit of $ 252 million this year. However At the beginning of this monthInstead, he said he lost about 257 million dollars since March 13 after the end of June 11.

Florida -based airway, Dania Beach, said that it will reduce its network and reduce its fleet and reduce costs “hundreds of millions of dollars” per year.

“It was clear that there is more work and there was more tools for the future of the future, since Dave Davis, CEO of Spirit Davis, said in a news bulletin, just because of our previous restructuring aimed at reducing the financial debt of the soul and increasing the equity capital.” He said.

Four months later, the soul had just emerged from bankruptcy in March, but the ongoing high costs and the US domestic demand would be dragged weaker. The carrier had fought for years because he had dealt with the US flights, a Pratt & Whitney motor recall and an unsuccessful acquisition. Jetblue AirwaysAn agreement blocked in court.

Spirit’s aircraft renters, according to people who knew the issue, some carriers’ interest in the planes of some carriers in recent weeks had reached the rival airlines.

Spirit is the US largest budget airline company and then competitor Frontier Airlines Since 2022, he has tried to unite again and again with the soul and failed. On Tuesday, Frontier announced 20 new ways competing with the spirit to win the customers of the competing opponent.