US EditionSpirit Airlines' AWFUL 2024 Financial Results (Yowzers!!!)
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Spirit Airlines' AWFUL 2024 Financial Results (Yowzers!!!)
In November 2024, we saw Spirit Airlines file for Chapter 11 bankruptcy protection, after accruing billions of dollars in losses since the start of the pandemic. The airline is now exiting bankruptcy protection, following a restructuring that wiped out around $795 million in debt. While the company’s accumulating debt issues have been addressed, what hasn’t been addressed is that the company is continuing to hemorrhage money at a rate we simply …
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