Low - cost airline business model
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Spirit could disappear from the skies as fuel costs rise. See how it rose from a trucking company to a low-cost giant.
Business Insider· 2026-04-17 01:50
Spirit Airlines' iconic yellow paint job could soon fade from the skies. CNBC reported on Wednesday that the ultra-low-cost carrier, which has struggled to return to profitability post- pandemic amid changing traveler habits and rising costs, could liquidate as early as this week. The airline had recently shown signs of progress in its Chapter 11 bankruptcy proceedings — its second since 2024 — but rising fuel costs tied to Middle East conflict are now making that recovery even harder. A Spirit spokesperson ...