Spirit Airlines has almost finished refunding customers for flights abruptly canceled over the weekend as the company folded.
The budget airline left thousands of customers and staff stranded after deciding on Saturday to pull the plug on a business that was struggling for years, before a surge in the price of jet fuel blew a new hole in its budget.
Spirit had scheduled about 4,000 flights through 15 May, according to Reuters.
The airline has not made a profit since 2019, according to CNBC. The company attempted unsuccessfully to restructure in recent years after two bankruptcy filings. The sharp rise in the cost
Our editorial team includes several staff writers, each contributing their specialized knowledge to enhance the depth and breadth of our event and story coverage.
