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Spirit Airlines Exits Bankruptcy… But Now What?!?
In November 2024, Spirit Airlinesfiled for Chapter 11 bankruptcy protection, after billions of dollars of losses since the start of the pandemic, plus a failed takeover by JetBlue. We knew that the airline was planning on a quick bankruptcy process, and there’s now a major update, as this process has been completed. What I can’t wrap my head around is what the company’s plan is, exactly.
In November 2024, Spirit Airlinesfiled for Chapter 11 bankruptcy protection, after billions of dollars of losses since the start of the pandemic, plus a failed takeover by JetBlue. We knew that the airline was planning on a quick bankruptcy process, and there’s now a major update, as this process has been completed. What I can’t wrap my head around is what the company’s plan is, exactly.
