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Spirit's exit lifts airfares, but budget model remains under pressure
Item 1 of 2 A Spirit Airlines aircraft as operations ceased for the company after hitting an impasse in talks with some creditors on a $500 million government bailout plan, at Orlando International Airport in Orlando, Florida, U.S. May 2, 2026. REUTERS/Miguel Rodriguez
**[1/2]**A Spirit Airlines aircraft as operations ceased for the company after hitting an impasse in talks with some creditors on a $500 million government bailout plan, at Orlando International Airport in Orlando, Florida, U.S. May 2, 2026. REUTERS/Miguel Rodriguez Purchase Licensing Rights, opens new tab