The top ticket will be a “Go Big” package that includes priority check-in, a roomier seat, snacks and drinks, a checked bag, a carry-on bag and free WiFi.
A Spirit Airlines 319 Airbus taxis at Manchester Boston Regional Airport, Friday, June 2, 2023, in Manchester, N.H. Spirit Airlines is moving farther away from its history as a fee-happy budget airline and will start selling tickets that include some of its most popular extras in a single bundle. Spirit Airlines is moving farther away from its history as a fee-happy budget airline and will start selling tickets that include some of its most popular extras in bundles.
The airline with bright yellow planes hasn’t made a full-year profit since 2019 — it has lost nearly $2.4 billion since — leading industry analysts to mull whether a bankruptcy filing could be in Spirit’s future. The budget carriers have suffered more than the giants from a glut of flights within the United States, which has led to price-cutting. Delta, United and American have a booming business right now in long-haul international flights that can offset weak pricing power at home. Spirit does not.
TD Cowen analysts downgraded Spirit shares to “Sell” this month and said if Spirit can’t renegotiate its debt or return leased planes to lessors, a pre-packaged bankruptcy filing is possible.It said customers will be able to book any of the four new ticket bundles starting Aug. 16. That means they won’t be available during the height of summer-vacation travel but will be in use over the busy Labor Day holiday.
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