Iconic discount airline files for bankruptcy and releases statement on upcoming flights
SPIRIT Airlines chiefs have filed for bankruptcy after talks of a proposed merger collapsed.
Company chiefs have issued a statement to travelers as they scramble to clear its debt.
Rumors of a bankruptcy filinghad been swirling for weeks, and these intensified when talks with fellow lost-cost airline Frontier broke down.
Spirit chiefs filed for bankruptcy in New York and expect to emerge from the process next year, per theNew York Times.
The company has issued a letter in a bid to reassure travelers.
Passengers can continue to use all tickets as normal,according to theletterseen by The U.S. Sun.
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They can also continue to use the company’s loyalty program and perks.
The move to file for bankruptcy protection has been branded a “proactive” step by chiefs.
They claimed it would help them provide financial flexibility and set Spirit up for long-term success.
“The most important thing to know is that you can continue to book and fly now and in the future,” the letter stressed.
This is a developing story…
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