Spirit’s pilots held up
their end.

Now it’s time for the bondholders to hold up theirs.

Spirit pilots flew every route and honored every commitment. Now they have no jobs, no health insurance, and no pay. There's money to pay us. Bondholders are choosing to withhold it.

Bondholders:

Do what is right and release the funds Spirit pilots earned!

AllianceBernstein
Arena Capital Advisors

Ares Management Corp.
Citadel

Cyrus Capital Partners
Empyrean Capital Partners

PIMCO
Western Asset Management

Opinion:

Spirit’s Pilots Held Up Their End. Now It’s Time for the Bondholders to Hold Up Theirs.

By ALPA President Jason Ambrosi

South Florida’s aviation workforce kept the planes flying to the very end. The bondholders who took over Spirit Airlines owe them the pay they earned.

When Spirit Airlines collapsed, it did not collapse quietly. It collapsed on the backs of roughly 2,000 professional pilots who did something remarkable: they stayed. They flew the final routes. They kept passengers moving, kept operations running, and honored their commitments, even as the company they worked for was being dismantled around them.

IN THE WIND-DOWN FUND

0

IN PILOT CONCESSIONS

0

of earned benefits paid

We earned it.

Bondholders should pay it.

We flew the final flights and honored every commitment to the end, and our careers were ripped away overnight. The fund set aside to pay what we earned exists.

Pilots gave up $85 million in pay and retirement to save Spirit. Our earned benefits are being withheld and our families are suffering.

Bondholders are withholding our families pay.

Trillions managed. Zero paid to Spirit pilot families.

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June 3, 2026

Behind most Spirit pilots is one income supporting an entire family. Spirit pilots stayed and flew every flight to the end of the end — and were promised a wind-down fund to cover what they earned.

Bondholders: do what is right and release the funds Spirit pilots earned!

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