NEW YORK, Sept. 24, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP is investigating claims on behalf of investors of Spirit Aviation Holdings, Inc. (“Spirit” or the “Company”) (NYSE: FLYY).   Such investors are advised to contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980, ext. 7980.   

The investigation concerns whether Spirit and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices. 

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On August 11, 2025, Spirit disclosed in a regulatory filing that “there is substantial doubt as to the Company’s ability to continue as a going concern within 12 months[.]”  The Company cited, among other things, “adverse market conditions” and “minimum liquidity covenants in the Company’s debt obligations and credit card processing agreement [that] require financial results to improve at a rate faster than what the Company is currently anticipating.”

On this news, Spirit’s stock price fell $1.44 per share, or 40.68%, to close at $2.10 per share on August 12, 2025.

The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, London, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

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CONTACT:
Danielle Peyton
Pomerantz LLP
dpeyton@pomlaw.com
646-581-9980 ext. 7980