"The news comes a day after Spirit Aviation Holdings, Inc., parent company of Spirit Airlines, announced its Chapter 11 filing was approved. That will enable the low-cost airline to keep flights running and the business afloat. In an open letter to Spirit customers, the company said it will continue to operate and passengers can continue to book flights and use tickets, credits, and loyalty points."
"Spirit Airlines told Fast Company that "as part of our efforts to transform our business and position Spirit for long-term success, we are adjusting our network to focus on our strongest performing markets." On October 2, it will discontinue service to Albuquerque, New Mexico; Birmingham, Alabama; Boise, Idaho; Chattanooga, Tennessee; Oakland, California; Columbia, South Carolina; Portland, Oregon; Sacramento, California; Salt Lake City, Utah; San Diego, California; and San Jose, California, the airline confirmed to Fast Company."
Spirit Airlines filed for Chapter 11 bankruptcy for the second time in less than a year, following an initial filing in November 2024. Spirit Aviation Holdings’ Chapter 11 filing was approved, allowing the carrier to keep flights operating. The airline will discontinue service to twelve U.S. cities effective October 2, focusing its network on stronger performing markets. Passengers can continue to book flights and use tickets, credits, and loyalty points. The New York Stock Exchange began delisting procedures and suspended trading for ticker FLYY. Spirit reported a Q2 2025 net loss of $245.8 million and a 20% revenue decline, creating substantial doubt about ongoing operations.
Read at Fast Company
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