Flights, Ticket Sales, Reservations and All Other Operations Continue as Normal

Restructuring Support Agreement Already Signed by a Supermajority of Spirit's Bondholders 

Voluntary Prearranged Chapter 11 Proceedings Commenced to Implement the Agreed Deleveraging and Recapitalization Transactions 

Receives Backstopped Commitments for $350 Million Equity Investment and $300 Million in Debtor-in-Possession Financing from Existing Bondholders; Vendors, Aircraft Lessors and Holders of Secured Aircraft Indebtedness to Be Paid in the Ordinary Course and Will Not be Impaired 

DANIA BEACH, Fla., Nov. 18, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today issued the following open letter to all Spirit Guests: 

We are writing to let you know about a proactive step Spirit has taken to position the company for success. Spirit has entered into an agreement with our bondholders that is expected to reduce our total debt, provide increased financial flexibility, position Spirit for long-term success and accelerate investments providing Guests with enhanced travel experiences and greater value. Part of this financial restructuring includes filing a "prearranged" chapter 11.  

DANIA BEACH, Fla., Nov. 12, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today announced that it had filed a Form 12b-25 with the Securities and Exchange Commission that is expected to be available on the SEC's EDGAR filing system on Wednesday, November 13, 2024, prior to the opening of the market session. That form will contain the following disclosure:

Travelers in the Dominican Republic can enjoy limited-time anniversary fares starting at $129* one way

DANIA BEACH, Fla., Nov. 7, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is celebrating two decades of soaring between the Dominican Republic and the United States this November with limited-time anniversary fares and a Free Spirit® loyalty program promotion. Spirit first launched service in Santo Domingo (SDQ) in 2004 and has expanded service to include Punta Cana (PUJ) and Santiago de los Caballeros (STI). In honor of the 20-year milestone, the airline is offering Guests one-way flights from the D.R. to the U.S. starting at $129 one way, inclusive of all taxes and fees.*

Spirit Charitable Foundation hosts seventh annual Spirit Open with more than 200 participants

Event photos are available for download here

DANIA BEACH, Fla., Nov. 6, 2024 /PRNewswire/ -- The Spirit Charitable Foundation's seventh annual Spirit Open was in full swing earlier this week, raising more than $1.2 million for nonprofit organizations throughout Spirit Airlines' (NYSE: SAVE) network. The Foundation hosted the annual charity event with more than 200 participants whose generosity helps advance its mission and the meaningful work of its nonprofit partners.

Frankie Muniz travels comfy with Spirit's blocked middle seat

Spirit giving away 10 pairs of Go Comfy tickets in #NotInTheMiddle social media giveaway

DANIA BEACH, Fla., Oct. 17, 2024 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) newest ad takes flight with actor Frankie Muniz, best known for his iconic role as the middle child in a beloved sitcom that aired in the early 2000s. Muniz is decidedly #NotInTheMiddle in Spirit's playful new ad in which he enjoys the extra elbow room of Spirit's Go Comfy travel option that offers increased comfort and space with a guaranteed blocked middle seat, as well as one checked and one carry-on bag, priority boarding, and a snack and non-alcoholic beverage. The ad will be distributed across Spirit's social media and other digital channels.

Travelers can enjoy limited-time fares starting at $49 one-way and a Free Spirit® bonus points promotion

DANIA BEACH, Fla., Oct. 15, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is celebrating its new Alabama service today, following the Oct. 10 launch of its daily, nonstop service from Birmingham-Shuttlesworth International Airport (BHM) to Fort Lauderdale-Hollywood International Airport (FLL). Spirit's introduction of the only nonstop flight from Birmingham to Fort Lauderdale provides affordable options for travelers who want to visit the Sunshine State or take advantage of one-stop connections to more than two dozen destinations across the United States, Latin America and the Caribbean.

Travelers can enter for a chance to win a pair of round-trip flights with the perks of the new Go Big or Go Comfy experience at spirit.com/flyaway

DANIA BEACH, Fla., Aug. 27, 2024 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) newly enhanced Guest experience officially launches today, and the airline is celebrating by inviting travelers to enter for a chance to win big and Go Big or Go Comfy with its new "More Fly Fly-Away." Two lucky winners and their guest will experience Spirit's new travel options, Go Big and Go Comfy, and enjoy the enhanced comfort, flexibility, and value of the carrier's transformed Guest experience. The giveaway, inspired by the elevated options that make travel "More Fly," is open for U.S. residents to enter now through Sept. 23, 2024, at spirit.com/flyaway.*

'Just Go' travel options offer exceptional value and are available for booking now at spirit.com

Images of refreshed brand available here

DANIA BEACH, Fla., Aug. 14, 2024 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) four new travel options are officially taking off today, giving travelers access to book the airline's transformed Guest experience and new premium offerings for the first time. The new options, dubbed "Just Go," deliver even friendlier, more comfortable, and cost-effective travel, all at great value. Travelers can book Go Big, Go Comfy, Go Savvy, and Go now at spirit.com and on the Spirit mobile app.

Ended the Second Quarter 2024 with $1.14 Billion of Liquidity

DANIA BEACH, Fla., Aug. 1, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) today reported second quarter 2024 financial results.

Second Quarter 2024  Financial Results

(unaudited)

As Reported

Adjusted1

Total operating revenues

$1,280.9 million

$1,280.9 million

Operating income (loss)

$(152.5) million

$(166.9) million

Operating margin

(11.9) %

(13.0) %

Net income (loss)

$(192.9) million

$(157.9) million

Diluted earnings (loss) per share

$(1.76)

$(1.44)