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Showing posts with the label Airlines

Say Goodbye to Your $40 Weekend Getaway

If you have been relying on ultra-low-cost tickets to visit family or take a quick break without breaking the bank, your travel planning just got significantly more expensive. The sudden collapse of Spirit Airlines means the floor has effectively fallen out of the discount travel market, leaving millions of budget-conscious flyers with fewer options and higher bills. What's Going On Spirit Airlines is officially shutting down after a last-ditch effort to secure a $500 million government bailout fell apart. The airline has been drowning in billions of dollars of debt and struggled to find a path to profitability after a federal judge blocked its plan to merge with JetBlue earlier this year. Without a massive injection of cash from the taxpayer, the company simply ran out of fuel, leading to a total halt in operations and the end of its time in the skies. Think of Spirit like the no-frills discount grocery store that opened up right across the street from the high-end supermarket...