US budget airline Spirit Airlines has warned investors that it may not survive as a going concern due to its cash crunch. In its latest shareholder report, the company expressed concerns about being able to raise enough funds to pay creditors on time. This warning comes just five months after Spirit Airlines exited bankruptcy court and began plans to become profitable.
Source: https://www.bloomberg.com/news/articles/2025-08-11/spirit-airlines-faces-cash-crunch-issues-going-concern-warning