Spirit Reports Deepening Losses As It Works To Exit Bankruptcy

Spirit Airlines A320neo
Credit: Joe Pries
Though it is preparing to emerge from Chapter 11 bankruptcy protection, Spirit Airlines’ annual losses widened in 2024 as the ULCC battled a significant hike in its unit costs. Spirit’s annual loss of roughly $1.2 billion in 2024 is more than double its $558.5 million loss the year prior. The...
Lori Ranson

Lori covers North American and Latin airlines for Aviation Week and is also a Senior Analyst for CAPA - Centre for Aviation.

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