or so I hear.
Hope that doesn't affect anybody here...
Posted by
Freedonia
16268 posts
Ugh...not exactly.
Spirit has filed for Chapter 11 bankruptcy protection. That allows the airline to continue operating while restructuring its debt. It's estimated that will take until early 2025.
Posted by
Colorado Mountains, USA
7937 posts
I saw a few hours ago that they’d filed for bankruptcy.
Spirit has been a favorite target of U.S. late-night TV comic Stephen Colbert for a long time. If they’re not around in the future, he’ll have his hands (and more) full with material from D.C.
I wonder whether the bankruptcy is related to the gunfire incident in Haiti on one of their planes from a few days ago?
Posted by
Houston, Texas
975 posts
I wonder whether the bankruptcy is related to the gunfire incident in Haiti on one of their planes from a few days ago?
Too much debt maturing in the couple of years along with a lot more competition from the legacy carriers.