Spirit Airlines Files For Bankruptcy – Will This Affect Vacation Travel?

Spirit Airlines is dealing with a financial mess and is now filing for Chapter 11 bankruptcy protection.

The low-cost carrier owes millions and hopes to limit debt will help the airline soar into the future.

The CEO said Monday morning: “I am pleased that we have reached an agreement with the bondholders, which is a strong vote of confidence in Spirit and our long-term plan. The most important thing to know is that travelers can continue to book and fly now and in the future.”

The airlines say they don’t expect travel to be affected this year, but travel insiders tell Help Me Hank that they foresee major problems starting as early as January 2025. This will likely be due to them losing employees while working on to maintain a busy travel schedule. If you book, make sure you buy insurance and use a credit card which will give you more protection.

I’m on my way to DTW now – Spirit is the second largest carrier out of DTW – and will have more in my report at