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$spirit
Spirit Airlines begins ‘wind-down’, cancels all flights over fuel crisis The reports you've seen are accurate. As of 3:00 a.m. ET today, Saturday, May 2, 2026, Spirit Airlines has officially ceased all operations and begun an "orderly wind-down" of the company. The situation is critical for any travelers currently holding tickets. Here is the breakdown of why this happened and what you need to do: The Current Situation All Flights Grounded: Every Spirit Airlines flight is cancelled. The airline has instructed passengers not to go to the airport, as customer service counters are closed and staff are no longer on-site. The Cause: The collapse was triggered by a "perfect storm" of a massive fuel crisis (linked to the ongoing conflict in West Asia) and the failure of a $500 million federal bailout deal. With jet fuel prices doubling to over $4.50 per gallon, the airline's financial model became unsustainable. Staffing Impact: Roughly 17,000 employees have been affected by the immediate shutdown.