Source link : https://las-vegas-news.com/spirit-airlines-grounds-all-flights-las-vegas-budget-travelers-scramble-after-500m-trump-bailout-collapses/
Spirit Airlines shutting down after failed effort at government rescue deal – Image for illustrative purposes only (Image credits: Unsplash)
Las Vegas — Budget airline Spirit Airlines halted all operations on Saturday, May 2, 2026, after negotiations for a $500 million government rescue package from the Trump administration fell apart.[1][2] The carrier, which offered some of the lowest fares to Harry Reid International Airport, canceled every flight and shut down customer service lines overnight. Travelers bound for the Strip now face higher costs and limited options as the ultra-low-cost model that powered millions of trips ends abruptly.[3]
A 34-Year Run Ends in Disappointment
Spirit Airlines announced the wind-down late Friday, citing an inability to emerge from its second bankruptcy restructuring.[4] The company, founded in 1992, pioneered no-frills flying with add-on fees for basics like bags and seats. Passengers received word through the airline’s investor relations site that all flights stood canceled, with instructions to avoid airports.[2]
“It is with great disappointment that on May 2, 2026, Spirit Airlines started an orderly wind-down of our operations, effective immediately,” the statement read.[5] Employees faced sudden layoffs, while the carrier prepared to liquidate assets. This closure followed years of financial strain, including a failed merger with JetBlue and rising fuel costs.
Trump Administration’s Rescue Effort Falls Short
The White…
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Author : nvm_admin
Publish date : 2026-05-03 03:47:00
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