Major Budget Airline News Causes Panic Just Before Holiday Rush

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Spirit Airlines has announced it is filing for bankruptcy, just in time for the holiday season, when millions of travelers are set to take to the skies. According to a press release, the process is just beginning, and they expect “to complete this process in the first quarter of 2025 and emerge even better positioned to deliver the best value in the sky.” The move allows the airline to reduce its debt, provide increased financial flexibility, and “position Spirit for long-term success and accelerate investments providing Guests with enhanced travel experiences and greater value.” 

The airline created a website dedicated to informing the public along the way of its restructuring. 

What If I Have Already Booked on Spirit? 

The good news is that Spirit will continue services, so if you have already booked on the airline, you can still fly. This is good news for thousands of travelers planning to fly Spirit for the holidays. You can also continue booking Spirit flights- the airline will operate normally. 

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What If I have Spirit Points or Credit? 

Customers with loyalty points and credits can use them as usual. Similarly, anyone who utilizes Spirit’s Saver$ Club perks or loyalty program can continue to use those benefits. 

Spirit is a budget airline servicing North, Central, and South America, as well as the Caribbean. 

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