
Spirit Airlines is the first major U.S. carrier to go out of business in more than two decades. In this special edition, Gordon is joined by Jay and Meghna to unpack what went wrong — from blocked mergers to shifting consumer demand — and what Spirit's collapse means for the future of low-cost flying in America. Follow the Hosts: Gordon Smith – LinkedIn Jay Shabat – LinkedIn Meghna Maharishi - LinkedIn Connect with Airline Weekly LinkedIn: https://www.linkedin.com/company/airline-weekly/ X: https://x.com/Airline_Weekly/ Facebook: https://www.facebook.com/airlineweekly/ Instagram: https://www.instagram.com/skiftnews/ WhatsApp: https://whatsapp.com/channel/0029VaAL375LikgIXmNPYQ0L/ Subscribe to @SkiftNews and never miss an update from the airline and travel industries. 00:00 Spirit Collapse Begins 00:54 Meghna’s 3AM Breaking News 02:51 How Spirit Ran Out 06:10 Is ULCC Model Dead 09:00 Bankruptcy Missteps And Mergers 13:32 DOJ JetBlue Deal Fallout 17:59 Cost Math Writing Wall 20:34 Part Two What Happens Next 20:48 Who Fills Spirit Routes 23:19 Fares Rise And Route Gaps 25:26 What Low Cost Still Works 27:32 Mergers Partnerships After Spirit 33:34 Can A New ULCC Launch 36:42 Final Thanks And Wrap
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