Spirit Airlines, an impish upstart that shook the industry with its irreverent ads and deep discount fares, announced Saturday that it has gone out of business after 34 years.
The ultralow cost airline that once operated hundreds of daily flights on its bright yellow planes and employed about 17,000 people said it had “started an orderly wind-down of our operations, effective immediately.”
Although Spirit had gone bankrupt twice before, the company said high oil prices, which have been rising because of the war with Iran, made it impossible to stay aloft.
Make no mistake, Trump and Netanyahu are the ones who caused all of those people to lose their jobs. You might recall that a year ago, those two caused Iran's nuclear facilities to be bombed. Dimbulb Donnie claimed that Iran's nuclear program had been obliterated, but less than a year later, he felt the need to attack on the same rationale.
The price of jet fuel has nearly doubled and that drove Spirit under, because of his stupid war.
The ripple effect will spread far beyond those 17,000 employees and every last one of them who will now deal with the ramifications of sudden unemployment of Spirit's workers have one person to thank: Donald John Trump.
So Spirits Airlines was nuclear optioned (obliterated). 17,000 upfront jobs are gone and downstream jobs lost at Airports (ground handling, concessions, security contractors),
ReplyDeleteTourism economies (hotels, rental cars, attractions—especially in leisure markets like Florida and Las Vegas), Suppliers & maintenance (fueling, catering, MRO services), Local employment tied to routes (cities where Spirit had a large footprint), and taxes that support cities budgets.
Not to mention the hit to our GDP. Way to go Lutnick and T****. Lights out for those shining cities on the hills.