Spirit Airlines abruptly collapses, halting all operations after bailout failure

1 min read
Source: New York Post
Spirit Airlines abruptly collapses, halting all operations after bailout failure
Photo: New York Post
TL;DR Summary

Spirit Airlines abruptly shut down operations after failing to secure a $500 million federal bailout, canceling about 277 Saturday flights and leaving more than 17,000 employees out of work; refunds will be handled by third parties and there is no Spirit assistance for rebooking, while other carriers offer rescue fares to stranded travelers as the industry faces ongoing financial pressures and fallout from a blocked merger.

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