Why it matters
Affects Spirit Airlines loyalty members and route planners.
What happened
Spirit Airlines is expected to permanently cease operations at 3:00 am on Saturday, May 2, following the collapse of last-minute bailout negotiations with the federal government. Talks involved three groups of creditors, but bondholders rejected the final proposal presented by the White House. The shutdown impacts approximately 10,000 employees and all current passengers. Travel credits are likely void without replacement. Passengers with credit card purchases are advised to file chargebacks for unreceived services. The airline remains tight-lipped, with live ticket sales continuing on its website despite the impending grounding
Sources add · 1
- View from the Wing: Spirit Airlines Could Stop Flying Tonight As Government Bailout Talks Fail
Sources cited · 2
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