Spirit Airlines is permanently shutting down all operations as of 3:00 AM ET today, May 2, 2026. A last-minute government bailout deal with the Trump administration collapsed Friday after key creditors rejected a plan that would have granted the government majority control.

The shutdown results in the immediate loss of 17,000 jobs and leaves 1.8 million passengers scrambling for travel alternatives this month alone. 

Soaring jet fuel prices, which doubled following the start of the war in Iran, derailed Spirit’s attempts to........

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