The Japan Times - US airlines step up as Spirit winds down

EUR -
AED 4.292294
AFN 76.558763
ALL 92.543258
AMD 425.668988
ANG 2.091835
AOA 1071.757796
ARS 1752.039854
AUD 1.631897
AWG 2.105238
AZN 1.99154
BAM 1.955658
BBD 2.356728
BDT 142.989582
BGN 1.982653
BHD 0.441168
BIF 3482.2463
BMD 1.168765
BND 1.484792
BOB 13.515015
BRL 6.006872
BSD 1.170115
BTN 111.979842
BWP 15.678858
BYN 3.500445
BYR 22907.791044
BZD 2.353329
CAD 1.609682
CDF 2658.940455
CHF 0.936657
CLF 0.027171
CLP 1080.391288
CNY 7.855561
CNH 7.85545
COP 3594.438126
CRC 532.461207
CUC 1.168765
CUP 30.972269
CVE 110.256967
CZK 24.133363
DJF 208.364819
DKK 7.481311
DOP 68.555005
DZD 155.237732
EGP 59.448669
ERN 17.531473
ETB 189.240713
FJD 2.56147
FKP 0.856759
GBP 0.856803
GEL 3.044679
GGP 0.856759
GHS 13.017052
GIP 0.856759
GMD 85.908717
GNF 10281.250955
GTQ 8.929349
GYD 244.802165
HKD 9.164695
HNL 31.378714
HRK 7.541577
HTG 153.078847
HUF 362.895688
IDR 20628.465835
ILS 3.491339
IMP 0.856759
INR 111.851385
IQD 1532.888321
IRR 1606584.162089
ISK 141.713189
JEP 0.856759
JMD 185.70647
JOD 0.828701
JPY 185.804438
KES 151.52896
KGS 102.208935
KHR 4723.655856
KMF 493.219176
KPW 1051.888708
KRW 1619.90849
KWD 0.360483
KYD 0.975129
KZT 538.730751
LAK 26357.079745
LBP 104787.965631
LKR 385.201936
LRD 212.374527
LSL 18.763233
LTL 3.451059
LVL 0.706975
LYD 7.436458
MAD 10.807113
MDL 20.143532
MGA 5003.635458
MKD 61.520518
MMK 2453.714692
MNT 4204.885702
MOP 9.449012
MRU 46.626603
MUR 54.468814
MVR 18.057859
MWK 2028.95218
MXN 19.772467
MYR 4.720061
MZN 74.661139
NAD 18.763233
NGN 1572.577458
NIO 43.056863
NOK 10.874159
NPR 179.167947
NZD 1.954457
OMR 0.449257
PAB 1.170115
PEN 3.922914
PGK 5.185622
PHP 72.071929
PKR 324.677545
PLN 4.31584
PYG 7048.48648
QAR 4.25369
RON 5.257981
RSD 117.35145
RUB 96.63036
RWF 1724.174385
SAR 4.396224
SBD 9.387821
SCR 16.05273
SDG 703.016353
SEK 11.059442
SGD 1.483752
SHP 0.865898
SLE 28.755901
SLL 24508.413601
SOS 668.751278
SRD 44.144681
STD 24191.072651
STN 24.498215
SVC 10.238254
SYP 15196.280459
SZL 18.750634
THB 38.621879
TJS 10.794314
TMT 4.090677
TND 3.403252
TOP 2.814105
TRY 56.15039
TTD 7.936422
TWD 37.219361
TZS 3100.974077
UAH 52.285191
UGX 4352.682884
USD 1.168765
UYU 47.066571
UZS 13871.989351
VES 910.447072
VND 30533.981685
VUV 138.518447
WST 3.174336
XAF 655.909213
XAG 0.01694
XAU 0.000254
XCD 3.158646
XCG 2.108846
XDR 0.826377
XOF 655.909213
XPF 119.331742
YER 277.08497
ZAR 18.722468
ZMK 10520.29035
ZMW 22.203382
ZWL 376.341805
  • CMSC

    -0.1780

    21.102

    -0.84%

  • CMSD

    -0.1400

    20.98

    -0.67%

  • RBGPF

    0.0000

    68.56

    0%

  • BCE

    -0.0700

    23.71

    -0.3%

  • BTI

    -0.4900

    56.21

    -0.87%

  • RIO

    3.1300

    105.3

    +2.97%

  • AZN

    1.4900

    165.98

    +0.9%

  • RYCEF

    -0.2500

    20.25

    -1.23%

  • NGG

    -0.8600

    79.76

    -1.08%

  • GSK

    0.4500

    52.41

    +0.86%

  • RELX

    0.5300

    35.91

    +1.48%

  • BCC

    0.7000

    82.47

    +0.85%

  • JRI

    -0.0300

    12.38

    -0.24%

  • VOD

    -0.0500

    15.96

    -0.31%

  • BP

    -0.3800

    44.76

    -0.85%

US airlines step up as Spirit winds down
US airlines step up as Spirit winds down / Photo: Joseph Prezioso - AFP

US airlines step up as Spirit winds down

US air carriers on Saturday mobilized to help passengers and crew members stranded by the overnight shutdown of Spirit Airlines, after the low-cost carrier's last-minute talks with creditors and the White House collapsed.

Text size:

Spirit, known for its bright yellow planes, succumbed to crushing fuel prices and announced in the early hours that it was "winding down its global operations, effective immediately," with all flights canceled and customer service no longer available.

Other carriers -- including American, Delta, United and JetBlue -- moved quickly to scoop up Spirit's customers, offering what some dubbed "rescue fares" to those waking up with cancelled itineraries.

Some airlines said they would increase the number of flights or schedule larger planes in and out of airports where Spirit had a significant presence.

Carriers also sought to support marooned Spirit staff -- and hire them.

Spirit has been in and out of bankruptcy since 2024, and the White House was recently considering a bailout.

"The recent material increase in oil prices and other pressures on the business have significantly impacted Spirit's financial outlook," the company said in a statement.

"With no additional funding available to the company, Spirit had no choice but to begin this wind-down."

It has promised refunds.

The company had nearly 7,500 employees at the end of last year, according to filings. Unions representing them slammed the failure to reach a deal.

"The pain of this decision will not be felt in boardrooms. It will be felt by pilots, flight attendants, mechanics, dispatchers, and ground crews, and by the families and communities that depend on them," said the Air Line Pilots Association.

- 'Like a dog on a bone' -

US Transportation Secretary Sean Duffy scrambled to defend the position of President Donald Trump's administration as a rescue plan never materialized.

"The president was like a dog on a bone trying to figure out a way to keep Spirit afloat," Duffy told a press conference Saturday at Newark Liberty International Airport in New Jersey.

"In the end, this was a creditor issue. Again, they have the final say of whether they want to do a deal with the government," he added.

"But also from the government's perspective, we oftentimes don't have a half a billion dollars laying around in a spare account that we can put into a bailout of an airline."

Duffy blamed the administration of Trump's predecessor Joe Biden for blocking a proposed merger between Spirit and JetBlue in March 2024 -- and assured ticket holders that they would get refunds.

- Changing plans -

Florida resident Ramon, 60, said he had planned to visit family in Honduras this week.

He and his son Kevin saw headlines in recent days about Spirit's woes and contacted the airline, but opted not to take a refund offer, as alternative flights were more expensive and there were no immediate signs that the airline would fold.

"I was trying to go today on another airline, but it was like $1,000 a ticket," Ramon told AFP, asking only to be identified by his first name.

The family now says they'll wait for the refund and book a flight in early June.

- Fuel costs -

Launched in 1992, Spirit Airlines became one of the first low-cost carriers in the United States.

Between February 2025 and January 2026, it carried some 28 million passengers, according to government data.

At the same time, it has been limping along since announcing bankruptcy in November 2024 and again in August 2025.

In late February, Spirit said it had reached an "agreement in principle" to restructure its debts and that it expected to emerge from bankruptcy by early summer.

Days later, the United States and Israel began bombing Iran, leading to the closure of the Strait of Hormuz, which sent jet fuel prices soaring.

Hopes of a White House bailout began to fade last week as oil prices spiked and creditors were reportedly furious with the stake the government planned to take in the company.

Bradley Akubuiro, a crisis management expert at Bully Pulpit International, said while fuel prices may have been the final nail in the coffin, Spirit was "already in a very difficult position."

"The more lasting consequence is that one of the strongest sources of low-fare pressure in the US market is gone," Akubuiro told AFP.

T.Sato--JT