economy
May 4, 2026
Spirit Airlines wasn’t ‘destined to prosper’: Byron York
Washington Examiner chief political correspondent Byron York said that Spirit Airlines wasn’t “destined to prosper,” after the company announced it would shut down following years of struggles.
TL;DR
- Spirit Airlines announced it will shut down following years of financial struggles.
- The airline filed for Chapter 11 bankruptcy twice, in November 2024 and August 2025.
- Byron York stated Spirit Airlines was 'not destined to prosper' due to market forces and an inability to compete.
- Spirit Airlines blamed rising oil prices for its decision to end operations.
- The airline failed to secure a $500 million bailout from the Trump administration.
- York agreed that the government intervening with a bailout for Spirit did not make sense.