Spirit Airlines warns it might not be able to survive without more cash
After arriving from Boston in Los Angeles, Los Angeles, Los Angeles, Los Angeles International Airport, a Spirit Airlines Airbus A320 taxis at Los Angeles International Airport.
Kevin Carter | Getty Images News | Getty Images
Spirit Airlines He warned that if the budget travel symbol did not collect more money after the bankruptcy, he could not survive as an ongoing concern.
After reducing his debt during the restructuring, Spirit tried to make a reservation by marketing more luxurious products and searching for new ways to reduce costs. At the end of last month, the airline announced that it plans to make more than 270 pilots in this fall.
“However, in the second quarter of 2025, the company continued to be affected by negative market conditions, including high demand for local entertainment travel, which caused a challenging pricing environment in the second quarter of 2025,” the company said in its three -month report on Monday. He said.
Since the financial results do not heal because of creditors at the same speed, the soul will need additional money. Not doing this may cause assumed. The carrier is trying to sell some aircraft, real estate or airport doors.
“According to the results of the discussions with the company stakeholders, the management has a significant doubt about the ability of the company to continue within 12 months from the date of the issuance of these financial statements,” He said.
Spirit’s bankruptcy last year, since 2011, a large US airline pointed to the first.
Spirit, known for his bright yellow aircraft, is the pioneer of a budget airline in the USA, but fought after an unsuccessful acquisition. Jetblue Airways Last year, shifting the consumer to more luxury products and remembering a engine that grounds most of its planes.
