WEST PALM BEACH, Fla. (CBS12) — Florida-based Spirit Airlines announced early Saturday morning its ceasing operations immediately, after they failed to secure a $500 million dollar federal bailout, and all flights have been cancelled.

Spirit posted a statement on its social media accounts around 4 a.m.

“It is with great disappointment that on May 2, 2026, Spirit Airlines started an orderly wind-down of our operations, effective immediately,” the statement noted. “To our Guests: all flights have been cancelled, and customer service is no longer available. We are proud of the impact of our ultra-low-cost model on the industry over the last 34 years and had hoped to serve our Guests for many years to come.”

The budget airline said customer service is no longer available and they’re not able to help you rebook your flights. however, Spirit said it will automatically process refunds for any flight that was purchased through the airline with a credit or debit card.

For questions regarding its shutdown, click here.

The Trump administration had considered a government bailout for the cash-strapped business to keep it from going under, but a deal was not reached.

Transportation Secretary Sean Duffy said that travelers booked on Spirit flights could access special prices on a group of other airlines for a limited time, and said other carriers would help Spirit pilots and flight attendants return to their home cities. In a statement, he said travelers could check with their credit card company or travel insurance policy about refunds.

Trump had floated the idea of a bailout last week after the airline found itself in bankruptcy proceedings for the second time in less than two years with jet fuel prices soaring because of the Iran war.

This all comes after Spirit Airlines filed twice for bankruptcy since 2024.

Spirit flew to more than 40 cities in the U.S., with a main hub at Fort Lauderdale-Hollywood International Airport (FLL).

Several Spirit flights were already been cancelled out of FLL and Miami International Airport as of Saturday morning. So far, there have been no Spirit flights scheduled out of Palm Beach International.

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EDITOR’S NOTE: The Associated Press contributed to this report.