While its costs increased, Spirit AIrlines' revenues contracted due to the airline reducing its capacity throughout 2024.

Spirit’s annual loss of roughly $1.2 billion in 2024 is more than double its $558.5 million loss the year prior. The airline recorded negative 22.5% operating margins as revenues fell from $5.4.

Spirit Airlines is reducing its capacity by 16% overall, with significant cuts at key airports like LaGuardia and Los Angeles ...

As it prepares to emerge from Chapter 11 bankruptcy protection, Spirit Airlines widened its annual losses in 2024 and battled ...

Silver Airways canceled dozens of flights, citing an issue with an aircraft leasing company amid Chapter 11 bankruptcy ...