Spirit Airlines
Ultra-low-cost U.S. carrier that liquidated amid fuel price shocks and antitrust complications.
“Spirit told the White House to look in the mirror, saying its insolvency was sparked by an Iran war that's caused jet fuel prices to spike.”
“Spirit bailed on a merger agreement with Frontier in order to pursue the JetBlue tie-up. It's possible that Biden's DOJ would have let Spirit merge with Frontier, which was significantly smaller than was JetBlue.”
“Spirit bailed on a merger agreement with Frontier in order to pursue the JetBlue tie-up.”
“It's hard to claim that keeping JetBlue and Spirit apart has preserved low-cost competition when Spirit planes are now parked like yellow school buses at midnight.”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.