The New York Stock Exchange has determined that Spirit Aviation Holdings is no longer suitable for listing, commencing the delisting of its common stock with immediate effect.
Due to the immediate suspension and expected delisting, Spirit Airlines plans to transition to trading on the OTC market, likely resulting in lower liquidity for its stock.
Spirit received approval from the US Bankruptcy Court for the Southern District of New York to proceed with first-day motions related to its current Chapter 11 bankruptcy process.
The carrier will continue normal operations, ensuring the honouring of tickets, reservations, wages, and supplier payments during bankruptcy proceedings.
Spirit Aviation Holdings filed for Chapter 11 bankruptcy protection on 29 August 2025 due to a dispute with AerCap over aircraft leases, marking its second bankruptcy filing within a year.
