The boy, 6, arrived in Orlando, Florida, instead of Fort Myers, where his grandmother lives.
Spirit Airlines has filed for Chapter 11 bankruptcy protection following major financial problems due to mounting losses and maturing debt, the airline announced Monday.
The filing comes after two failed mergers in less than two years — one recently with Frontier and another in early 2024 with JetBlue — that left the low-cost carrier in a bind after repeated quarterly losses.
In October, Spirit announced plans to sell more aircraft and lay off employees as it tries to raise cash and revive operations.
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Spirit Airlines has filed for Chapter 11 bankruptcy protection, the company announced Monday morning. (Airlines / Fox News)
Spirit Airlines President and CEO Ted Christie said the airline has reached an agreement with its management that is expected to reduce the company’s debt and provide increased financial flexibility.
“This set of operations will strengthen our balance sheet and position Spirit for the future as we continue our efforts to transform our guest experience, offering new and improved travel options, greater value and flexibility,” Christie’s said in a news release. . “I am extremely proud of the hard work and dedication of the Spirit team, which is the key to our continued progress in growing our business and delivering to our guests.”
The airline said the bankruptcy filing will not affect guests’ ability to book flights and travel as usual, or their ability to use tickets, credits and loyalty points. (Eva Marie Uzcategui/Bloomberg via Getty Images/Getty Images)
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The airline said guests can still book flights and fly as normal, and all tickets, credits and loyalty points can also be used as normal.
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