Spirit Airlines is in the brink of shutting down as talks on a fuel rescue deal is facing major snags because of unmanageable debt, insurmountable fuel costs from the Iran war, and creditors preferring to liquidate assets over a government bailout.
If Spirit Airlines cancels flights and ceases operations, travellers could face widespread disruption, particularly on low-cost routes the airline has long dominated. This raises urgent questions for millions of passengers and thousands of employees across the United States and beyond.
