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)

Low-fare travel leader changes the game again with the announcement of new premium offerings starting August 2024

DANIA BEACH, Fla., July 30, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is redefining low-fare travel with new, high-value options that empower travelers to choose an elevated Guest experience at an affordable price. The airline is introducing new offerings, including brand-new premium selections, as part of a significant transformation that delivers an even friendlier, more comfortable, and cost-effective travel experience. Spirit will begin offering new travel options for booking on Aug. 16 and launch the newly transformed Guest experience by August 27, 2024.

DANIA BEACH, Fla., July 16, 2024 /PRNewswire/ -- Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE) announced today that its Board of Directors has appointed Richard F. Wallman as its newest member, effective July 16, 2024.

"We are very pleased that Richard Wallman has agreed to join our board," said H. McIntyre "Mac" Gardner, Spirit's Chairman of the Board. "Richard is a wise and respected business leader, with a deep background in financial management, corporate development, and diverse experience on public and private company boards. Richard will be a tremendous resource to the Spirit management team."

LAX travelers can take advantage of $25 one-way fares in honor of Spirit's milestone anniversary

Photos and video available HERE

DANIA BEACH, Fla., July 12, 2024 /PRNewswire/ -- Today marks Spirit Airlines' (NYSE: SAVE) 25th anniversary of providing high-value service to Los Angeles International Airport (LAX) travelers. The airline is inviting Angelenos to celebrate the milestone with limited-time anniversary fares starting as low as $25* one-way for flights from LAX. The offer is valid for booking on July 12, 2024, and is valid for travel from LAX between Aug. 13 and Oct. 10, 2024.

Appoints Aviation Industry Veteran Fred Cromer as Chief Financial Officer

Dana Shapir Alviene Appointed to SVP, Inflight and Airport Experience and Tomas Ranaldi Promoted to VP, Financial Planning & Analysis

DANIA BEACH, Fla., July 1, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced executive leadership updates including the appointment of Fred Cromer as Executive Vice President and Chief Financial Officer, effective July 8, 2024. Cromer will work closely with the Company's Interim CFO, Brian McMenamy, who will remain in a senior finance role with the Company to ensure a smooth transition.

Spirit Airlines to offer the only nonstop flight from Birmingham (BHM) to Fort Lauderdale (FLL) this October

Spirit photos and video available HERE

DANIA BEACH, Fla., June 18, 2024 /PRNewswire/ -- Low-fare travel will take flight at Birmingham-Shuttlesworth International Airport (BHM) starting this fall. Today, Spirit Airlines (NYSE: SAVE) announced it is bringing affordable air service to BHM beginning October 10, 2024, with the only nonstop flight from BHM to Fort Lauderdale (FLL). Spirit's launch at Birmingham will mark the first time the airline serves the state of Alabama and will provide low-fare flight options to the Sunshine State and one-stop connections to Latin America and the Caribbean.

Guests benefit from increased weight allowance for checked bags and no change or cancel fees

DANIA BEACH, Fla. , June 4, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced exciting new benefits for Guests that add value and provide greater flexibility. Travelers can now take advantage of the airline's first of many new milestones toward an enhanced Guest experience with more flexible policies. In addition to Spirit's recently launched no change or cancel fee policy, Guests can now enjoy:

Appoints Brian McMenamy as Interim Chief Financial Officer 

Current CFO Scott Haralson to Join Larger Publicly Traded Company Outside of Airline Industry as CFO 

DANIA BEACH, Fla., June 3, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced that Brian McMenamy, Vice President and Controller, has been named as Interim Chief Financial Officer, effective June 14, 2024. McMenamy succeeds Scott Haralson, Executive Vice President and Chief Financial Officer, who is departing to become CFO of a larger, publicly traded company outside of the airline industry. Haralson will continue in his role through June 14, 2024 to ensure a smooth transition. Spirit will initiate a comprehensive search for a CFO with the assistance of a leading executive search firm. 

NEW YORK, May 30, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Spirit Airlines, Inc. ("Spirit" or the "Company") (NYSE: SAVE). Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.

The investigation concerns whether Spirit and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

DANIA BEACH, Fla., May 24, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) today announced the opening of a new crew base for Pilots at Newark Liberty International Airport (EWR) in September 2024, furthering the airline's investments to enhance operational reliability. Spirit expects to locate approximately 200 Pilots in Newark initially, with additional supervisors and support functions to follow.

Active-duty U.S. military service members, their spouses and children are entitled to two free checked bags and one free carry-on bag when traveling with the service member

DANIA BEACH, Fla., May 24, 2024 /PRNewswire/ -- Spirit Airlines (NYSE: SAVE) is saluting our U.S. military service members and their families with the special thanks they deserve. Today, the airline announced it is extending the existing benefits for active-duty U.S. military service members to their spouses and all their children when traveling with the service member effective immediately, including two free standard checked bags, one free standard carry-on bag, and the existing one free personal item per person. Complimentary priority boarding is also available for active-duty service members, and their spouses and children when traveling with the service member.