""We are proud of the impact of our ultra-low-cost model on the industry over the last 34 years and had hoped to serve our guests for many years to come.""
"Transportation Secretary Sean Duffy stated that travelers booked on Spirit flights could access special prices on a group of other airlines for a limited time."
"Spirit has struggled financially since the COVID-19 pandemic, weighed down by rising operating costs and growing debt."
"By the time it filed for Chapter 11 protection in November 2024, Spirit had lost more than $2.5 billion since the start of the pandemic."
Spirit Airlines has officially gone out of business after 34 years of operation. The airline, known for its low-cost fares, has canceled all flights and ceased customer service. It acknowledged the impact of its business model on the industry but could not sustain operations amid rising costs and debt. The Trump administration considered a bailout, but no agreement was reached. Customers may expect refunds, but no assistance will be provided for booking with other airlines. Special prices on other carriers are available for travelers affected by the cancellations.
Read at Fortune
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