Spirit Airlines made this critical mistake that drove its demise

spirit airlines is shutting down immediately and canceling all future flights. the carrier filed for bankruptcy in november 2024 after a failed merger with jetblue was blocked by a federal judge. spirit had been losing money for years, hurt by rising costs and a shift in demand away from its bare-bones model. the airline's attempt to pivot — adding premium seats and raising fees — didn't bring in enough revenue to cover its debt. spirit's last day of operations is expected to be february 1, 2025.