Spirit Airlines Files for Bankruptcy Again, Just Five Months After First Bankruptcy

Spirit Airlines returned to bankruptcy court on August 29, 2025—just five months after its first filing. This is the first time a major U.S. airline has filed twice in nine months. **Analysis:** The airline's first restructuring cut debt but didn't fix deeper problems: a failed merger, plane engine issues, and competition from bigger airlines offering cheap fares. These pressures squeezed Spirit's already tight profit margins.