Spirit’s Woes Threaten to Push Up Summer Airfares
Spirit Airlines’ attorney told the bankruptcy court he was sorry to any travelers “priced entirely out” of the market, saying the carrier’s abrupt May 2 stop may mean some can’t fly at all. Marshall Huebner also thanked longtime Spirit passengers who, he said, “could not otherwise have afforded air travel.” Spirit’s rivals have jumped in to backfill service at U.S. airports. Timing is key. Memorial Day is just days off, kicking off the main U.S. summer travel season, and Spirit will be out of the picture. The move takes away one of the largest ultra-low-cost carriers—airlines that offer cheap base fares with add-ons for bags and seats—at a time when jet fuel prices linked to the Iran war have pushed tickets and fees higher.