Spirit Airlines begins ‘wind-down’, cancels all flights over fuel crisis | Aviation News

Spirit Airlines, a US-based budget carrier, has canceled all flights and initiated an "orderly wind-down of operations" due to soaring jet fuel prices caused by the ongoing Iran war. The airline's collapse will result in thousands of job losses and is a blow to President Donald Trump, who had proposed a $500 million bailout but faced opposition from some advisors and Congress members. Transportation Secretary Sean Duffy stated that no other US carrier was interested in acquiring Spirit Airlines.