Spirit

Spirit Airlines announces all flights are canceled as it shuts down operations

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IE 11 is not supported. For an optimal experience visit our site on another browser. Now Playing Spirit Airlines announces all flights are canceled as it shuts down operations 05:44 UP NEXT Critics slam medical credit cards as patient shares account of being signed up in hospital 06:13 Paddleboarder bitten by shark in Flagler Beach … Read more

Spirit Airlines shutting down after failed effort at government rescue deal

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Spirit Airlines announced early Saturday morning that it is ceasing operations after the budget carrier failed to secure a $500 million federal bailout.  Spirit Aviation Holdings, the airline’s parent company, said in a news release that it “regretfully announced” that it had “started an orderly wind-down of operations, effective immediately.” “All Spirit flights have been cancelled, … Read more

Spirit Airlines appears closer to a shutdown as time dwindles for a government bailout

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WEST PALM BEACH, Fla. — Cash-strapped Spirit Airlines appeared closer to a shutdown after Friday came and went without a needed government bailout. President Donald Trump said Friday that his administration had given the budget carrier a “final proposal” for a taxpayer-funded takeover to keep it from going under, but the absence of a deal … Read more

Spirit Airlines could shut down by Saturday

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IE 11 is not supported. For an optimal experience visit our site on another browser. Deadly flash flooding in Texas 01:02 Great Americans: A conversation with Savannah Bananas’ Jesse Cole 03:52 Double homicide in Kentucky bank heist 01:16 Fire victims demand answers over FEMA payments 03:08 Now Playing Spirit Airlines could shut down by Saturday … Read more

What would a Spirit Airlines shutdown mean for travelers?

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A Spirit Airlines shutdown would ripple through commercial aviation, likely raising higher fares as the budget carrier exits the market, industry experts said.  “Any time you have a reduction in capacity and demand increases, airfares have nowhere to go but up. And that doesn’t count the fares that are already rising because of the spike … Read more

Trump says Spirit given ‘final proposal’ on bailout amid reports it may shut down

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President Donald Trump said the White House had given Spirit Airlines “a final proposal” for a federal bailout to save the carrier, amid reports the troubled budget carrier is laying the groundwork to wind down its operations. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. The Wall Street … Read more

Spirit Airlines could shut down as soon as Saturday

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Spirit Airlines is making plans to cease operations as soon as Saturday, barring last minute intervention, CBS News has learned.   Negotiations over a $500 million dollar government aid package remained stalled after bondholders balked at the terms. U.S. officials tell CBS News they are tracking this closely.  The airline’s available cash on hand was … Read more