Spirit Airlines Projects Profit By 2027 After Years Of Losses And Deep Cost Cuts

Benzinga

Spirit Airlines expects to return to profitability by 2027 after deep cost cuts and asset sales. Following its August bankruptcy, the carrier projects $804M and $145M losses in 2025–26 before a $219M profit in 2027.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02Spirit Airlines expects to post its first full-year profit in eight years by 2027

00:07after filing for bankruptcy in August to Corina Reuters.

00:10Low-cost carrier projected losses of $804 million in 2025

00:13and $145 million in 2026 for returning a $219 million profit in 2027.

00:21Spirit Airlines has furloughed 330 pilots, will furlough 270 more next month,

00:26and 1,800 flight attendants by December 1st to save $211 million in costs.

00:31Spirit Airlines plans to sell assets including its Dyna Beach headquarters,

00:34LaGuardia Airport slots, and thousands of spare parts.

00:38The company expects its transformation plan to be complete by the end of 2027,

00:42generating about $900 million in EBITDA.

00:44For all things money, visit Benzinga.com.

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