Flyte, the regional air mobility subsidiary of Catheter Precision, Inc. (NYSE:VTAK) ("VTAK" or the "Company"), today announced increased flight capacity and the launch of a targeted hiring initiative following the shutdown of Spirit Airlines, which ceased operations on May 2, 2026 after failing to secure funding.

Spirit Airlines' abrupt exit has led to widespread flight cancellations, impacted approximately 17,000 employees of which over 2,400 were pilots, and stranded passengers nationwide, marking one of the largest U.S. airline disruptions in recent decades. The disruption has reduced available capacity across key domestic routes, contributing to tighter availability and higher fares.