Over the weekend, rumors that Spirit Airlines would shut down before Monday morning, Dec. 15, came to a head. The low-cost airline had filed for bankruptcy for a second time in August 2025 and is struggling to restructure its finances in a way that will get it on even some semblance of a path toward profit. It recently furloughed or downgraded more than 500 pilots and is expected to post a loss of at least $804 million before the year is over. In speculation that was then quickly picked up by many othe ...