US airlines have folded their wings amid the devastation of the Middle East war. Unable to withstand soaring fuel prices, Spirit Airlines, the budget airline beloved by the American people for 34 years, has ceased service.
Spirit Airlines, a model for the budget airline sector, operated hundreds of flights a day at very low ticket prices. The company employed 17,000 people. The company, which has been in financial trouble since the Covid era, decided to stop flying after expecting government assistance but did not receive it.
President Trump's offer of aid to Spirit Airlines, which is facing losses of about $25 billion, did not materialize. This closed the airline's last avenue of escape. The company has assets of $86 billion, while its liabilities are estimated at $81 billion. Management's efforts to save the company had strong support from all employees, including pilots. All of them are now unemployed. With the termination of Spirit Airlines' services, competition in the budget airline sector has increased. Ticket prices have risen.
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