Spirit Airlines Engages Advisers to Explore Repeat Restructuring

Core Viewpoint - Spirit Airlines is exploring strategic alternatives due to a failed financial restructuring that has not placed the budget carrier on a sustainable path [1] Group 1: Financial Situation - The budget airline is facing a cash crunch, raising doubts about its ability to continue as a going concern [1] - Spirit Airlines has engaged financial adviser PJT Partners to assist in navigating its financial challenges [1] Group 2: Consulting Support - The company is also collaborating with consulting firms FTI and Seabury Airline Strategy Group to address its financial issues [1]