Spirit Airlines has filed its monthly operating report for December 2024 as part of its ongoing Chapter 11 bankruptcy proceedings in the U.S. Bankruptcy Court for the Southern District of New York. The report provides financial data for the month, including cash flow, liabilities, and operational performance.

Spirit Airlines ended December 2024 with a cash balance of approximately $1.19 billion, reflecting a combination of operational revenue and debtor-in-possession (DIP) financing. The airline generated $460.9 million in total operating revenue, with passenger revenue accounting for $452.8 million. However, total operating expenses reached $430.8 million, leaving an operating income of $30 million. After accounting for interest expenses and reorganization costs, Spirit Airlines reported a net loss of $93.5 million for the month.

The filing also indicates that Spirit sold two aircraft for a total of $42.8 million, using part of the proceeds to settle outstanding debt obligations. The airline continues to manage postpetition tax liabilities and other financial commitments while maintaining operational liquidity.

Spirit Airlines emphasizes that the financial statements provided in the report are unaudited and subject to revision. The company also cautions investors that its reorganization plan does not provide for any recovery to equity holders. Further details, including additional filings and updates on the bankruptcy process, can be accessed through the court-designated website.