Megan Cerullo, Kris Van Cleave, Jennifer Jacobs, Faris Tanyos

Articles by Megan Cerullo, Kris Van Cleave, Jennifer Jacobs, Faris Tanyos

Spirit Airlines shutting down after failed effort at government rescue deal - CBS News

Business May 3, 2026

Spirit Airlines announced early Saturday morning that it was ceasing operations after the budget carrier failed to secure aΒ $500 million federal bailout.Β  Spirit Aviation Holdings, the airline's pa...