Spirit Airlines has filed for bankruptcy protection once again, less than a year after its last Chapter 11 restructuring. On Friday, the airline announced the decision, assuring the public that all flights will continue operating as scheduled and that employee pay will not be disrupted.
This marks the second time Spirit has had to reorganize its finances. The airline’s CEO released a statement saying this move is necessary to “best position Spirit for the future.” He also mentioned that all frequent flyer rewards and loyalty programs will remain valid during this period.
Spirit has faced ongoing challenges, from staffing shortages to customer service complaints and rising operational costs. Although it continues to offer some of the lowest ticket prices in the industry, many travelers have questioned whether it’s worth the trade-offs in comfort and reliability.