Spirit Airlines Plans to Sell Its Planes to Pay for Planes
In a shocking turn of events, Spirit Airlines warned investors of 'substantial doubt' about its 'ability to continue as a going concern within 12 months.' The budget carrier reported a jaw-dropping net loss of $245.8 million in Q2 2025 thanks to 'weakening demand' and 'elevated domestic capacity.' Experts confirm Spiritās new business model involves selling 'aircraft, real estate, and gate rights' as collateralābecause who needs airplanes to fly when you can just auction them off mid-flight? Sources report thousands of pilots face furlough, while travelers mourn the disappearance of the once legendary 'Go Comfy' middle-seat block.
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(1 of 3)Spirit Airlines might start selling its planes mid-flight to pay bills. Coming soon: Buy-One-Get-One-Boarding-Pass sold on eBay. If Spirit had a motto, itād be āFly Broke, Sell Faster.ā
Spirit Airlines is so broke, even their seats have eviction notices. Next up: charging for oxygen and emotional support for bankruptcy.
Remember when budget airline meant cheap flights? Now Spirit means 'please sponsor our bailout.' Selling gates and planes because financial math is hard.
Source: Businessinsider | Published: 8/12/2025 | Author: Pete Syme
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