A Spirit Airlines aircraft prepares to depart from the Austin-Bergstrom International Airport on November 13, 2024 in Austin, Texas.
Brandon Bell | Getty Images
Ted Christie, CEO of Spirit Airlines, is stepping down from his role leading the embattled carrier, effective Monday, the company said.
A group of several company executives — Chief Financial Officer Fred Cromer, Chief Operating Officer John Bendoraitis and General Counsel Thomas Canfield — has been tapped to lead the airline until a replacement is found.
Spirit filed for bankruptcy protection in November after years of mounting losses, a failed merger, increased competition and more demanding consumer tastes.
The budget carrier, which had reshaped the industry with its no-frills tickets, was the first major U.S. airline to file for Chapter 11 since 2011.
The airline last month emerged from bankruptcy protection.
