U.S. airlines are on high alert as Spirit Airlines approaches a critical bankruptcy milestone on December 13, a date that could signal the potential end of operations for the ultra-low-cost carrier. According to sources familiar with the situation, at least two major airlines are preparing contingency plans to absorb Spirit’s routes and assist stranded passengers in response to a possible shutdown.
As Spirit grapples with financial instability, its competitors are accelerating efforts to backfill Spirit’s anticipated flight cancellations. With peak travel periods on the horizon, these airlines are also developing rescue fares aimed at assisting any travelers left without options should Spirit cease operations abruptly.
Executives from various carriers, particularly those whose paths do not directly intersect with Spirit’s routes, express skepticism regarding the airline’s prospects. Many believe that Spirit may not secure the necessary capital infusion to continue operations beyond the milestone date. Spirit currently has 428 flights scheduled for December 13, with an additional 3,138 planned through December 20, according to data from Cirium’s Diio.
Despite the uncertainty, a spokesperson for Spirit Airlines asserted in a recent communication that the airline is not planning to cease operations. “There is no truth to any rumors that we are preparing to cease operations. It is business as usual at Spirit and flights continue to operate normally,” the spokeswoman stated. She emphasized that the airline is collaborating closely with its debtor-in-possession providers and other key stakeholders to address financial needs throughout its ongoing restructuring efforts.
While the future remains tenuous for Spirit Airlines, the actions of rival carriers indicate a broader concern about the impacts of the airline’s potential exit from the market, particularly during a busy travel season.
