Spirit Airlines has announced it is going out of business after 34 years, saying high oil prices due to the war in Iran made it difficult to keep afloat.
WEST PALM BEACH, Fla.(AP) — Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years.
The ultralow cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000 people said it had “started an orderly wind-down of our operations, effective immediately.”
Although Spirit had gone bankrupt twice before, the
→ Continue reading at KGW TV