Company Directory - Spirit Airlines
Company Details - Spirit Airlines

Spirit Airlines
WebsiteMiramar, United States
Spirit Airlines is an ultra-low-cost carrier headquartered in Miramar, Florida. It is known for providing no-frills travel options, focusing on keeping ticket prices low while charging for additional services.
CCI Score
CCI Score: Spirit Airlines
64.56
-0.04%
Latest Event
Spirit Airlines Restructures and Transitions to Private Ownership
On February 20, 2025, Spirit Airlines exited Chapter 11 bankruptcy following federal court approval of its reorganization plan. The airline converted $795 million in debt into equity, secured new investments, and assumed additional debt, leading to a transition from public trading to private ownership controlled by bondholders.
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LEADER
Spirit Airlines is currently rated as a Leader.
Latest Events
- FEB202025
On February 20, 2025, Spirit Airlines exited Chapter 11 bankruptcy following federal court approval of its reorganization plan. The airline converted $795 million in debt into equity, secured new investments, and assumed additional debt, leading to a transition from public trading to private ownership controlled by bondholders.
+0
Economic and Structural Influence
April 14
The restructuring represents a significant financial and operational shift for Spirit Airlines by transitioning to private ownership. However, the article does not indicate that this move supports authoritarian practices or exacerbates oligarchic influence. As such, from an anti-fascist perspective, its impact on authoritarian complicity is neutral.
Spirit Airlines Restructures for a New Future as a Private Company
- APR132023
Spirit Airlines announced that its flight attendants, represented by the Association of Flight Attendants-CWA, ratified a new collective bargaining agreement that includes increased pay rates, enhanced scheduling flexibility, and additional benefits.
+80
Labor Relations and Human Rights Practices
April 14
The ratification of a new collective bargaining agreement that improves pay, scheduling flexibility, and benefits for flight attendants represents a positive step towards strengthening labor rights and ensuring fair working conditions. This advancement supports workers and counteracts trends of undermining union power, aligning with progressive, anti-authoritarian values.
Spirit Airlines Flight Attendants Approve New Collective Bargaining Agreement
- JAN102023
Spirit Airlines pilots approved a new two-year union contract on January 10 that promises a 27% economic gain, amounting to a $463 million pay increase over two years. The agreement, backed by the Air Line Pilots Association, reflects a significant win for worker rights and enhanced bargaining power, particularly in light of the airline's pending acquisition by JetBlue.
+80
Labor Relations and Human Rights Practices
April 14
The unanimous ratification of a new union contract for Spirit Airlines pilots represents a substantial progressive step in supporting worker rights and ensuring fair compensation. A 27% economic gain through a $463 million pay increase over two years underscores the company’s commitment to improving labor relations, thereby strengthening the workers' bargaining position amidst broader corporate negotiations.
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Corporate Financials
- Revenue
- 2025
- $2.70B
- Total Assets
- 2025
- $2.50B
- Operating Income
- 2025
- $250.00M
- Total Equity
- 2025
- $1.20B
Industries
- 481111
- Scheduled Passenger Air Transportation
- 481211
- Nonscheduled Chartered Passenger Air Transportation
- 481212
- Nonscheduled Chartered Freight Air Transportation