Spirit Airlines' failure resulted from being a poorly run business in a competitive industry, not a single political event.
Transportation Secretary Sean Duffy slammed his predecessor for sowing the seeds of Spirit Airlines’ dramatic collapse when the Biden administration killed a $3.8 billion merger deal with JetBlue.
Spirit Airlines shut down at 3 a.m. ET on Saturday after talks for a government bailout fell apart. The budget airline known for its bright yellow jets brought discount travel to the masses in the U.S ...