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

Spirit Airlines returned to bankruptcy court on August 29, 2025, only five months after emerging from its first Chapter 11 filing—a rare double restructuring for a major U.S. carrier. **Analysis:** The quick relapse suggests the initial restructuring cut debt but left deeper problems unresolved: the failed JetBlue merger, engine groundings, and competition from larger carriers offering rock-bottom fares, which squeezed an already thin profit margin.