The Rise And Fall Of Spirit Airlines

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For 34 years, Spirit Airlines made waves with its rock-bottom fares, racy advertising, and bright yellow planes. At its peak, it was the largest ultra-low-cost carrier in the US, selling flights to Florida for $39. But in May 2026, Spirit shut down completely. It canceled 9,000 flights and left staff with little information. So what happened to the low-cost behemoth? And what does its sudden closure mean for cheap airfare in America? 00:00 - Intro 01:07 - The Rise 03:43 - The Fall 06:19 - The Impact 11:23 - Credits ------------------------------------------------------ #spiritairlines #airlines #budgettravel WATCH MORE: The Rise And Fall Of Hooters https://www.youtube.com/watch?v=wuTTamqrHWE The Rise And Fall Of Southern Cafeterias https://www.youtube.com/watch?v=T9AQJj2Pquo Red Lobster's Fall Is A Case Study Of How To Kill A Business https://www.youtube.com/watch?v=AM2K20qtDZ8 Business Insider is a global newsroom covering business, technology, innovation, and the economy. Visit our homepage for the top stories of the day: https://www.businessinsider.com/?utm_source=youtube Sign up for our newsletters: https://www.businessinsider.com/subscription/newsletter?utm_source=youtube Find Business Insider on Facebook: https://www.facebook.com/businessinsider ... on Instagram: https://www.instagram.com/businessinsider ... on X: https://x.com/BusinessInsider ... on TikTok: https://www.tiktok.com/@businessinsider The Rise And Fall Of Spirit Airlines | Business Insider