We’ve just learned that Spirit Airlines has ceased operations effective immediately. The airline had been in Chapter 11 bankruptcy twice in the past two years, it hadn’t turned a profit in seven years, and it had the worst margins in the US airline industry.
As you’d expect with something like this, there’s a lot of finger pointing going in, and people are trying to use this situation to score political points. You have some people blaming Trump for Spirit’s shutdown, and you have other people blaming Biden. Who is actually right here? Well, both and neither, so let me explain…
It’s not like Spirit was doing well, then suddenly jet fuel prices increased, and that was the start of the carrier’s problems. Spirit’s management so badly botched so many things, ranging from a first Chapter 11 bankruptcy filing that failed to set the airline up for success, to seemingly not actually having a turnaround plan.
A great solo travel tip spotted this week on One Mile at a Time.
