Brind.

Spirit Airlines received a downgrade from Fitch on August 22, 2025, citing high cash burn and a high likelihood of near-term default.

1 report, 1 independent Updated Aug 22
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What happened

Some supportReported by 1 outlet

Spirit Airlines received a downgrade from Fitch on August 22, 2025, citing high cash burn and a high likelihood of near-term default.

Who's involved

What this event is mainly about
Spirit AirlinesFitch Group

Keep exploring

The entities involved

  • Spirit Airlines

    defunct ultra low cost airline in the United States (1964/1983–2026)

    Nothing else this week.

  • Fitch Group

    American credit rating agency

    Nothing else this week.

Coverage

Newest first; wire copies grouped
  • ReutersMoody's cuts Spirit Airlines' credit rating further into junk territory By Matt Tracy (Reuters) -U.S. airline operator Spirit Airlines took another hit to its credit rating on Friday after Moody's Ra