Frontier and Spirit by the numbers – a tough cocktail
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Tag spirit airlines
US airlines On-Time through September 2024
This dataset is very useful for understanding airline operational efficiency. It probably wasn’t meant for that, but here we are. We have two models to share. Take a look at the first model. Notice something amazing? The most on-time aircraft…
US air traffic growth and implications for airlines
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Spirit Airlines Enters Preplanned Bankruptcy
Spirit Airlines has entered Chapter 11 bankruptcy with a preplanned filing that will enable it to continue normal operations while restructuring its debt. In an arrangement with lenders, Spirit will convert debt into equity in the restructured airline to provide…
US July On-Time data published – no progress
The US DoT published the July 2024 data, and we updated our models. We are sharing two of them here. Remember to click the double-headed arrow at the bottom right to optimize for your monitor. In the model above, you…
Spirit Airlines coming Chapter 11 – What it Means
Beleaguered Spirit Airlines is contemplating a pre-planned Chapter 11 bankruptcy filing to restructure its $3.3 billion in debt. The company faces an October 21st deadline under covenants with its credit card processor, and will need to restructure to maintain credit…