Spirt Airlines shut down

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Spirit Airlines shut down on Saturday.  

NBC News reported the airline started winding down early Saturday by canceling all flights. 

“To our guests: all flights have been cancelled, and customer service is no longer available,” the company said in a statement. 

Spirit Airlines, known for its cheap flights, has been troubled financially since the Covid-19 pandemic, having to file for bankruptcy twice in less than a year.  

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It had plans to emerge from the second one but soaring jet fuel costs due to the Iran War made the endeavor too challenging.  

At one point last week, a bailout by the federal government looked to be a viable option to save the airline, but Spirit’s investors didn’t like the terms of the deal, and it did not move forward.  

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