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Posted on 05/04/2026 4:13:00 PM PDT by Angelino97
Budget carrier Spirit Airlines officially shut its doors Saturday, laying off its employees and cancelling all flights after rising fuel costs pushed the struggling company over the brink. The price of jet fuel has spiked since the American–Israeli war on Iran started in late February, leaving Spirit—which had already declared bankruptcy twice in less than two years—unable to sustain its business operations.
“The sudden and sustained rise in fuel prices in recent weeks ultimately has left us with no alternative but to pursue an orderly wind-down of the Company,” CEO Dave Davis said in a statement released Saturday. Davis added that the company required “hundreds of millions of additional dollars of liquidity that Spirit simply does not have and could not procure.”
The sudden collapse of the airline left employees and customers across the country stranded, as hundreds of flights were cancelled without warning.
The carrier’s demise will result in a loss of 15,000 jobs, the company said, including employees and contractors paid by the airline. Without the competition from Spirit’s budget offerings, the cost of flying may also increase on many routes. The low-cost airline accounted for 5 percent of all flights in the U.S. last year.
In recent weeks, the Trump administration floated a $500 million bailout which would have seen the U.S. government take control of the company, but creditors ultimately rejected the proposal.
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They should have raised their ticket prices.
Spirit has been in and out of bankruptcy.
If you’re offering budget services, you can’t charge premium prices.
There’s always Greyhound.
You can't really say this or that straw is solely responsible for breaking the camel's back.
Matt Walsh’s farewell to Spirit on today’s podcast is a riot
Chalk one up for Elizabeth Warren aka Pocahontas.
Airlines can enter futures contracts to protect themselves.
I’ve made a small fortune and you squandered it all
You shamed me till I feel about one inch tall
But I thought I loved you and I hoped you would change
So I gritted my teeth and didn’t complain
Now you come to me with a simple goodbye
You tell me you’re leaving but you won’t tell me why
Now we’re here at the station and you’re getting on
And all I can think of is, ‘Thank God and Greyhound you’re gone!’
Roy Clark
Sudden? The airline has had money issues for a while. They had a viable solution: merger with Jet Blue . Indian commie extraordinaire Elizabeth Warren killed the deal. Blaming this on his gas prices is an example of what that Senator does best: moving the blame from her to someone else.
Spirit was in trouble for a longtime. That is why they tried to merge with JetBlue. It would have been a good move.
Gee, wonder who blocked it?
You can say the camel was sick in 2022 and denied treatment in 2024, neither of which are under President Trump.
Frontier Airlines agreed to buy Spirit in 2022. JetBlue outbid them but that merger was blocked in January 2024 by the Biden administration (Warren and Buttigieg). Spirit filed for Chapter 11 bankruptcy protection in November 2024, came out briefly, and filed again for Chapter 11 protection in August 2025.
“You can’t really say this or that straw is solely responsible for breaking the camel’s back.”
____________
The straw that was designed to break Spirit’s back broke it. You can thank Elizabeth Warren for that straw.
The media and the left are moaning that now a low cost carrier is no longer available to poor people.
Read that as someone other than travelers should pay/subsidize for poor people to travel. Hmmmm???? Who could that be? The tax payers?????
No, this bankruptcy is squarely on the shoulders of Socialist Democrats - who know NOTHING about business, or running ANYTHING, or everyday life for the rest of we Proletarians.
*SPIT*
So their business turned on a dime for something that started barely two months ago???
Sounds like a really crappy business plan...
Exactly…and they do.
Democrats and BAD PASSENGERS drove them out of business!!
I flew on Spirit once.....ONCE! I don’t care if the fare was $100 less, it wasn’t worth it.
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