Reported 1 day ago
Spirit Airlines may be on the brink of shutting down due to substantial financial losses, which would negatively impact not just its employees and customers but airfares across the board. As a major low-cost carrier, Spirit has historically kept flight prices low, compelling traditional airlines to offer cheaper fares. If Spirit ceases operations or is absorbed by a competitor, analysts warn that ticket prices could increase significantly, affecting all flyers regardless of whether they choose Spirit or not.
Source: YAHOO