💨 Abstract

Spirit Airlines faces potential closure within a year due to significant losses, risking higher flight prices across the U.S. The airline's low-cost model has driven price competition among major carriers. A previous bid by JetBlue to acquire Spirit was blocked in 2024 over antitrust concerns. Fears are raised about increased fares if Spirit closes or is acquired by another company. Experts agree that Spirit's presence has kept prices in check.

Courtesy: WTOP Staff