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US Politics 27w
Btw Spirit Airlines shutting down is a direct result of the Iran war
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upvote 29 downvote
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Anonymous 27w

I mean they were already in some hot water but the war was definitely the final nail in the coffin

upvote 18 downvote
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Anonymous 27w

thanks for telling everyone you know nothing about the airline industry

upvote -2 downvote
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Anonymous replying to -> #1 27w

OP is 100% correct. The airline themselves cited the spike in fuel costs as the final straw

upvote 14 downvote
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Anonymous replying to -> #1 27w

Oh I forget that they shut down just because they felt like it

upvote 10 downvote
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Anonymous replying to -> OP 27w

low cost airlines have been struggling continuously for many years. spirit was on its way out

upvote 1 downvote
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Anonymous replying to -> #1 27w

Their business model collapsed as a result of the jet fuel shortage. They would’ve had years left

upvote 21 downvote
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Anonymous replying to -> #1 27w

The fuel crisis was the final blow 🙄

upvote 10 downvote
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Anonymous replying to -> #2 27w

OP is only partially correct, or Frontier should’ve gone under as well. The issue is that Spirit had more debt, then they had the engine issues (so did Frontier), and then the shareholders screwed themselves by voting for the JetBlue merger that (predictably) was blocked. The fuel prices dealt the final blow, but Spirit was on the decline already. They declared bankruptcy twice before this war started and haven’t been profitable since 2019

upvote 4 downvote