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Company Profile

Spirit Airlines

Comprehensive interview intel — history, fleet, compensation, hiring, culture, and strategy. Know the company inside and out before you walk in.

Big-picture snapshot

Spirit Airlines is an ultra-low-cost carrier (ULCC) operating an all-Airbus A320-family fleet that has been dramatically downsized during two Chapter 11 bankruptcy filings — from 214 aircraft pre-bankruptcy to approximately 94-125 active airframes. It is headquartered in Dania Beach, Florida, and its approximately 2,400 remaining active pilots are represented by ALPA. Spirit currently has no permanent CEO — an Office of the President committee (Fred Cromer, John Bendoraitis, Thomas Canfield) is leading the airline after Ted Christie's resignation in April 2025.

For interview purposes, the simplest way to frame Spirit is this: it is an airline in survival mode. Spirit filed Chapter 11 in November 2024, emerged after 87 days in March 2025, then filed again in August 2025 — a rare "Chapter 22" situation. In December 2025, pilots voted 82% to ratify a restructuring agreement that included an 8% temporary pay cut and a reduction in the company's 401(k) contribution from 16% to 8%, saving approximately $85 million per year. Spirit is targeting emergence from its second bankruptcy in late spring or early summer 2026. The airline is NOT currently hiring pilots.

Company history

  • 1964: Founded as Clippert Trucking Company
  • 1974: Renamed to Ground Air Transfer, Inc.
  • 1983: Ned Homfeld founds Charter One Airlines in Macomb County, Michigan — charter tour operator
  • 1992: Renamed to Spirit Airlines; scheduled service begins June 1 (Detroit–Atlantic City)
  • 1993: Expands to Orlando, Fort Lauderdale, St. Petersburg
  • 1996: Pilots join ALPA
  • 2007: Adopts ultra-low-cost carrier (ULCC) model under CEO Ben Baldanza
  • 2011: IPO on NASDAQ (ticker: SAVE)
  • 2013: Headquarters moves to Miramar/Dania Beach, FL
  • 2019: Ted Christie becomes CEO
  • 2022: JetBlue wins bidding war against Frontier to acquire Spirit ($3.8B deal)
  • 2024 January: Federal judge blocks JetBlue-Spirit merger on antitrust grounds
  • 2024 November: First Chapter 11 bankruptcy filing
  • 2025 March: Emerges from first bankruptcy after 87 days; reduced debt by $795M
  • 2025 April: CEO Ted Christie resigns
  • 2025 August 29: Second Chapter 11 filing — "Chapter 22"
  • 2025 December: Pilots ratify restructuring agreement (82% in favor) — 8% pay cut, 401(k) reduced from 16% to 8%
  • 2026: Targeting late spring/early summer emergence; fleet shrinking to ~94-106 aircraft; NOT hiring pilots
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Sources listed at the end of each profile. Data compiled from public filings, airline newsrooms, AirlinePilotCentral, Glassdoor, FAA records, and industry publications.