Will Spirit Airlines file for bankruptcy by 2030?
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Polymarket has them at 10% for bankruptcy by the end of January which seems unlikely in such a near term but there's a lot of bankruptcy talk out there after the Jet Blue block
Not all analysts see a bankruptcy and liquidation in Spirit’s future, but many were cautioning that its financial outlook remains grim.
“We are not (yet) predicting an immediate [Spirit] chapter 11 filing,” said the airline analysts at JPMorgan Chase, referring to the bankruptcy code used in such filings. But, they added, “we can not reasonably identify a viable return to profitability any time soon.”
Spirit did not directly comment on Becker’s analysis but said it is confident it will be able to survive the current problems.
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