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Airlines Ready Contingency Plans for Possible Spirit Shutdown This Weekend

Spirit must secure about $100 million in financing during its second bankruptcy to keep flying.

Overview

  • At least two major U.S. carriers are preparing backup schedules and rescue fares in case Spirit halts operations as soon as Dec. 13, according to The Air Current.
  • Spirit publicly rejects talk of an imminent cessation and says flights are operating normally, citing ongoing discussions with DIP lenders.
  • Reporting tied to bankruptcy filings says Spirit needs to draw down roughly $100 million to continue operations, with a key milestone on Dec. 13.
  • Cirium/Diio data shows 428 Spirit flights scheduled on Dec. 13 and 3,138 more through Dec. 20, putting thousands of travelers at potential risk.
  • The carrier is attempting a turnaround with first-class seats, more inclusive fares, and fewer fees as its ultra-low-cost model faces post-pandemic pressures.