Spirit Airlines Is Winding Down All Operations

rvz

Too bad. Capitalism working as it should and no last minute government bailouts for failing companies. The market should decide and determines winners and losers, not the government. So compete.

pfannkuchen

> Winding Down > To our Guests: all flights have been cancelled, and customer service is no longer available That seems quite a bit stronger than “winding down”!

epistasis

This process may seem ugly, but just like biological death is necessary for an ecosystem, this sort of death/restructuring is essential for capitalist economies. Assets and capital get reallocated to better uses. It's all part of the circle of life.

system7rocks

I am so grateful for this announcement. In a time when gas prices are high, Spirit should be the kind of capitalist example that dominates. Instead, it goes bankrupt despite the President trying to nationalize it. Thanks be to the God of money.

muppetman

Wow those Halloween shops really flopped huh?

xyst

I sense another bailout for the airline industry if the illegal Iran war continues. Spirit is just the first domino to fall.

aliljet

Why did Spirit die? Was there any last of this that had to do with their abysmal customer service?

user_7832

Can someone explain to me (a non American) which niche or segment was Spirit in (and perhaps why they , and not any other airline, are shutting shop)?

plantain

Good. They treated their customers terribly and actions have consequences. I was double charged for a flight and they just refused to acknowledge it until I charged back, after which I assume they banned me.

wg0

Seems like the fallout of the unnecessary adventurism in middle east.

clintonb

It’s strange to see so many commenters celebrating the death of a company and the loss of so many jobs. I flew Spirit a few times. The first time sucked because it was an emergency and I had no other option. The last few flights were great. We got the large seats up front for $75 extra. That plus parking at SJC was still cheaper than flying Southwest out of OAK. The staff were friendly, and the gate was conveniently across from a lounge, so we had a truly great experience for those couple flights to Dallas.

phtrivier

The article does not give context : it is not entirely about the price of fuel, but it seems like fuel was the last nail in the coffin...

instagib

Management chased every quarter with little care about the long term future. Took their profits and ran to other low cost airlines like frontier to make them ultra low cost per friends in the industry. Spirit tried to merge a few times but failed due to their balance sheets. Then bankruptcy protections. Follow the price of oil and airlines run into issues during those times when it goes above $100.

ikidd

>thanks administration that drove them out of business with a pointless war, or at least finished them off.