Flying with Spirit: What You Need to Know After Their Bankruptcy

Spirit Airlines, known for its budget-friendly flights, recently filed for bankruptcy. Don't worry, you can still book and fly with them! The type of bankruptcy they filed for, called Chapter 11, lets them keep running their business as usual. This means no flight cancellations and your tickets and loyalty points are still valid. It's like when Red Lobster went through a similar process earlier this year—they closed some locations but kept many open. So, pack your bags and enjoy your Spirit flight!

Spirit chose this type of bankruptcy because it helps them sort out their debts over time while staying open for business. This is different from Chapter 7 bankruptcy, where a company has to sell everything and close down. The U. S. Courts recommend Chapter 11 for businesses that want to avoid that.

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