Popular U.S. Airline Shuts Down Amid Fuel Crisis

A major U.S. budget airline, Spirit Airlines, has announced the suspension of its operations due to prolonged financial difficulties and a sharp rise in fuel prices linked to tensions involving Iran.

In a statement released on Saturday, the company said it could no longer sustain its business under mounting losses and debt burdens. All flights have already been cancelled.

The airline authorities confirmed that passengers will receive full refunds for their tickets. However, travelers have been advised to make alternative arrangements by booking with other carriers.

Previously, the Florida-based airline made restructuring attempts in both 2024 and 2025 to avoid bankruptcy. Those efforts ultimately failed as fuel costs surged to unsustainable levels.

The administration of former U.S. President Donald Trump had proposed a $500 million support package to help keep the airline afloat. However, disagreements over loan conditions and restructuring terms prevented a final agreement, leading to the airline’s closure.

Founded in 1983, Spirit Airlines was widely known for offering low-cost air travel across the United States and beyond.