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Spirit Airlines may shut down very soon. Reports say this could happen this week. The airline has money problems due to high jet fuel costs.
Spirit has not made money since COVID-19 started in 2020. It has also filed for bankruptcy, which means it cannot pay its debts. It did this twice since late 2024. On Wednesday, Spirit said it had no comment on these reports.
Despite this, Spirit is still flying and selling tickets. However, many people in the airline industry are worried about its future. Spirit wanted to recover from its second bankruptcy by summer. It planned to reduce the number of planes and change its flight routes.
Recent increases in fuel prices are causing issues for all airlines. If Spirit stops flying, customers may lose their money. Passengers with tickets bought by credit card may get refunds. They should call their credit card companies for help. But refunds are not guaranteed. Customers should check their options and may need to be flexible when booking new flights.