Spirit Airlines weighs strategic options after restructuring efforts falter, WSJ reports
ReutersAug 22, 2025 9:27 PM
Aug 22 (Reuters) - Spirit Airlines FLYY.A is weighing a range of strategic options after its recent financial restructuring failed to secure a sustainable future for the budget carrier, the Wall Street Journal reported on Friday, citing people familiar with the matter.
The airline has enlisted financial adviser PJT Partners as it navigates a cash crunch and is also working with consulting firms FTI and Seabury Airline Strategy Group, according to the report.
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