Spirit Airlines has disclosed that it may not be able to continue operating within the next year due to financial struggles. The airline cited “adverse market conditions,” including increased domestic capacity and weak demand, as contributing factors.
The loss of Spirit Airlines could lead to higher airfares in its served markets, experts warn. Executives have warned investors that they may not meet minimum cash-on-hand requirements, putting the company’s future at risk.
To address this, Spirit is restructuring its route network and adding premium seating on some flights. However, even with these measures, there is no guarantee of success. Management has expressed substantial doubt about the airline’s ability to continue as a going concern within 12 months.
For travelers booked on Spirit, there is currently no immediate danger that their flights will not operate. However, it may be wise for those with longer-term travel plans to consider buying travel insurance if their itinerary includes Spirit flights. Experts emphasize the importance of low-cost carriers like Spirit Airlines in driving down ticket prices and warn that their disappearance could lead to increased airfares.
Source: https://eu.usatoday.com/story/money/2025/08/12/spirit-airlines-could-go-out-of-business/85623443007