Spirit Airlines raises going-concern doubts, months after exiting bankruptcy

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Spirit Airlines warned of possible insolvency just months after emerging from bankruptcy, citing weak domestic demand, excess capacity, and dwindling cash reserves. The carrier, which filed for Chapter 11 last November and restructured in March, is facing credit-card processing risks, potential liquidity shortfalls, and ongoing operational pressures. Spirit plans to raise cash by selling assets and cutting airport gate capacity, but says substantial doubt remains about its ability to continue operating over the next year, Reuters has reported. read more: 👍 Like this video to raise awareness about Spirit Airlines’ financial troubles and the challenges facing the airline industry. 💬 Comment below—do you think Spirit can recover, or is this the end for the budget carrier? 🔗 Share this video to keep others informed about major developments in the aviation sector. 💰 Want to support the channel? You can donate directly by hitting the YouTube Thanks button. Your support helps us keep providing updates. 👉 Don’t forget to subscribe for more business and travel news. Thanks for watching and supporting the channel. Links for B.C. Visit My Website Follow Me On Facebook / b.c.begley Subscribe To My Patreon / bcbegley Watch Me On YouTube / @b.c.begley6007 Follow Me On Twitter / bc_news1 Watch Me On Rumble Follow Me On Gab Follow Me On Truth Social Follow Me On BlueSky Watch Me On TikTok / bcbegley #SpiritAirlines #AviationNews #Bankruptcy #shorts