The Hill
US · 3 hrs ago
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Spirit Airlines collapse could hit flyers, raise costs for other flights
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Spirit Airlines has ceased operations following failed bailout negotiations with the Trump administration, which had proposed a deal granting the government a controlling stake in the carrier. Industry analysts expect the collapse to affect consumers through reduced flight options and potentially higher prices among remaining airlines.
Spirit Airlines collapse could hit flyers, raise costs for other flights
The collapse of Spirit Airlines is set to reverberate across the airline industry, after failed bailout talks with the Trump administration led the prominent budget carrier to abruptly shut down over the weekend. The administration had floated a last-ditch bailout that would have given the federal government a controlling stake in the airline, but the…
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