Spirit Airlines Posts $143 Million Q1 Loss Following Chapter 11 Bankruptcy Emergence
Retail Wire
JUNE 2, 2025
Because fresh start accounting was used, the quarterly results were split into two accounting periods: the “Predecessor” period, which ran from Jan. With $257 million in total operational revenues and $259 million in operating expenses during the Successor period, Spirit experienced an operating loss of about $2 million.
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