After filing for Chapter 11 protection for the second time in August 2025, budget airline Spirit Airlines is continuing efforts to rework its floundering finances in a way that leaves most analysts with substantial doubt about its ability to stay in business at all. The Florida low-cost airline is expected to post losses that top $804 million by the time 2025 is over as it continues to embark on a series of more and more extreme cost-cutting measures, such as slashing dozens of routes, furloughing or down ...