Is Spirit Airlines going out of enterprise? Here’s the most recent

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  • Spirit Airlines is vulnerable to shutting down throughout the subsequent 12 months.
  • The airline cited weak journey demand and monetary challenges.
  • Spirit carried out cost-cutting measures, however its future stays unsure.

A funds airline has warned it is vulnerable to shutting down inside a 12 months, citing weak leisure journey demand.

Spirit Airlines, an ultra-low-cost provider primarily based in Dania Beach, Florida, filed for Chapter 11 chapter safety in November 2024. Four months later, it launched a turnaround technique, rebranding as a premium provider and focusing on extra prosperous vacationers.

But on Aug. 11, 2025, Spirit disclosed in a submitting with the Securities and Exchange Commission that it doubts whether or not it may fulfill monetary obligations set as a part of the phrases of the top of its chapter.

Here’s why Spirit Airlines could also be going out of enterprise and what it would imply for flights at Phoenix Sky Harbor International Airport.

Is Spirit Airlines going out of enterprise in 2025?

It’s too early to say, but it surely’s potential throughout the subsequent 12 months, based on Spirit Airlines.

Despite rising from chapter safety and its rebranding efforts, Spirit noticed weak demand for leisure journey in the course of the spring and early summer time of 2025 and an “elevated” variety of accessible seats on flights. This resulted in what Spirit described within the SEC submitting as “a challenging pricing environment.”

“As a result, (Spirit) continues to experience challenges and uncertainties in its business operations and expects these trends to continue for at least the remainder of 2025,” Spirit said within the submitting.

Spirit mentioned it took measures to deal with its challenges, together with introducing a premium financial system fare class and furloughing 270 pilots. Future efforts to fulfill its obligations might embrace promoting sure plane, actual property and extra airport gate capability, Spirit said in SEC paperwork.

But it may’t assure these efforts will preserve the airline in enterprise.

“Management has concluded there is substantial doubt as to (Spirit)’s ability to continue as a going concern within 12 months from the date these financial statements are issued,” the submitting said.

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Can you continue to fly on Spirit Airlines?

Yes, you’ll be able to nonetheless fly on Spirit Airlines, although it is unclear for a way lengthy. Spirit has a small footprint at Phoenix Sky Harbor International Airport in contrast with its closest funds competitor, Frontier Airlines.

Spirit’s website lists about 50 routes out of Sky Harbor, together with nonstops to Detroit and Fort Lauderdale. The Detroit route operates 4 days per week, whereas the Fort Lauderdale route flies twice per week.

Spirit passengers can get connecting flights from Phoenix to quite a few locations, together with New York City; Washington, D.C.; Bogota, Colombia; Cancun, Mexico; and Santo Domingo, Dominican Republic.

Spirit flew 366,029 passengers at Phoenix Sky Harbor Airport in 2024, down from 583,926 in 2023, airport knowledge confirmed. (Frontier flew 2.7 million passengers at Sky Harbor in 2024.)

The Arizona Republic contacted Spirit for remark.

Michael Salerno is an award-winning journalist who’s coated journey and tourism since 2014. His work as The Arizona Republic’s client journey reporter goals to assist readers navigate the stresses of touring and get one of the best worth for his or her cash on their holidays. He could be reached at [email protected].

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