Spirit Airlines is closing down. Thousands of employees and travelers are impacted. [View all]

Spirit Airlines is shutting down, in a move that will affect thousands of scheduled flights and nearly as many employees.

The troubled budget carrier cancelled all flights and announced an “orderly wind-down” of operations, effective immediately early Saturday.

“To our Guests: all flights have been cancelled, and customer service is no longer available,” the company said in a statement. “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,” it added.

Spirit, which has struggled to maintain consistent profitability since the Covid-19 pandemic, had been looking to emerge from its second bankruptcy in less than a year. But those plans were derailed amid soaring jet fuel costs sparked by the outbreak of the war with Iran.



https://www.nbcnews.com/business/consumer/spirit-airlines-shuts-down-rcna343155