Spirit Airlines warned Tuesday that it may not make it through another year, citing concerns over its ability to raise enough cash, despite having successfully restructured its debt and emerging from bankruptcy just months ago.

The beleaguered low-cost carrier said in a Securities and Exchange Commission (SEC) filing that it continues to be affected by "adverse market conditions," including continued weak demand for domestic leisure travel in the second quarter of 2025. The persisting challenges created a "challenging pricing environment," the airline said.

The carrier also projected that it will continue to "experience challenges and uncertainties" in its operations for the remainder of fiscal 2025.

JETBLUE, SPIRIT AGREE TO TERMINATE MERGER OVER REGULATORY ISSUES

The airline said

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