Spirit Airlines is preparing to cease operations after the beleaguered company ran out of cash and a rescue attempt by the Trump administration appeared to stall.
The company struggled to make a deal with its creditors and secure funding to maintain operations, according to a Wall Street Journal report citing people familiar with the matter.
I had some okay experiences with Spirit, but they “rescheduled” a flight one time by 13 hours that was essentially a cancelation, and I swore never to use them again for any trip that mattered. Between “ceasing operations” and a taxpayer-funded half-billion dollar bail-out, I choose ceasing operations.