The CEO of Spirit Airlines talks about rumors of stopping in the middle of the difficulties

We all know Spirit Airlines has long been the Go-to for Tryna travelers stretch a dollar while touching the sky. But in recent times, some turbulence has shaken more than the cabins. Blessings favorable to the budget for serious commercial drama, something major go down. And baby is deeper than a boring baggage. Let’s just say that the low -budget airline known to give you “one seat only, optional vibrations” is now fighting for its whole survival.

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Does Spirit Airlines close its doors?

Earlier this week, Spirit Airlines abandoned a financial bomb in a quarterly file with the SEC, admitting that there is “”substantial doubt“” It can remain afloat for the next 12 months without major changes. It’s not just Business Speak, located – it’s a full SOS. After emerging from bankruptcy last March, Spirit is back in the headlines, and the vibrations are not High steering wheel. The airline displayed a loss of $ 245.8 million in the jaw for the second quarter, which is up in relation to a loss of 192.9 million dollars at the same time last year.

Spirit’s CEO breaks his silence

The CEO, Dave Davis, is here, tries to reassure the employees behind the scenes, saying that the dramatic language of the deposit was just something that listeners made them say. In an internal email obtained by Newsweek, Davis tried to calm the nerves, promising that changes are be made. He claims that the company has a plan that looks at Spirit’s forces and cutting routes that are no longer. According to him, all of this is part of a “strategic“Glow-up. But, if you have a reserved spiritual flight anytime … you may want to check this confirmation email.

“The mind is an essential element of the American aviation industry. We have saved consumers hundreds of millions of dollars, whether they fly with us or not. We work hard on many initiatives to protect our unique franchise, our precious team members, our business partners and our customers who trust us every day. We appreciate your commitment and your professional during this difficult phase and, with your help, we transform and protect this critical enterprise, ”wrote Davis.

What can we then expect?

Let’s be real: the mind disappearing from the sky was hitting different. Love it or hate it, the low prices of the mind have kept the entire The air transport industry on its guard. Experts say that if the mind drops, the training effect could mean higher prices everywhere. YAbove, even for people who have never made the foot on a yellow jet. To make matters worse, the airline has already announced that it cut the pilots, the demotion of others and may sell planes and goods to stay afloat. Although the CEO says that more business changes are coming soon, a question remains. Spirity Really Make this emergency landing, or is it the last boarding call?

https://www.youtube.com/watch?v=K31DWO4Q3DM

The aviation industry speaks

Industry experts warn that Spirit’s potential collapse could trigger a domino effect of higher prices in American plane trips.

Kerry Tan, an expert in the air transport industry, revealed in Newsweek:

“The mind can point out the beginning of the end of their operations unless they can manage a spectacular turnaround. Potential customers should be wary of risks when booking flights.

And, Jonathan Williams, professor of economics at the University of North Carolina in Chapel Hill, said:

“”[Spirit has] Has played an important role in the space of low -cost carriers, offering a source of intense price competition for network operators which will be difficult to replace. Small carriers like Breeze and Avelo do not yet have the assets to play this role. So what happens to Spirit’s active ingredients (for example, doors, planes, etc.) is very important for the ultimate impact. »»

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