Online report of the Progressive Review. Since 1964, the news while there's still time to do something about it.
May 9, 2026
Spirit Airlines
New Yorker - After Spirit Airlines ceased operations, in the middle of the night on May 2nd, a series of canary-yellow airplanes sat on the tarmac at Newark Airport, arranged neatly like children’s toys at day’s end. Travellers flying in or out of the hub ogled the spectacle, a display of sudden corporate collapse. Now that the airline is officially dead, following one failed government bailout and a couple of failed mergers, seventeen thousand workers are in need of employment, and thousands of customers await refunds. Meanwhile, Spirit’s jets are being ferried, one by one, to the desert—a storage field at Goodyear Airport, in Arizona, where they await their fate. What was leased will be repossessed to recover debt in bankruptcy court. What was old will be scrapped and sold for parts. What is functional will be recouped by competitors that will benefit from the death of this icon of budget air travel, which facilitated a kind of low-grade freedom for the masses.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment