UNITED STATES, (WINK)\u2014The end of South Florida-based Spirit Airlines could be near after multiple news outlets report that the low-cost airline could be forced to liquidate its assets due to skyrocketing fuel prices.<\/p>\n
The fuel price hikes could really be the final straw for the Dania Beach-based carrier, according to the Wall Street Journal and other news outlets, who say that Spirit Airlines could liquidate as soon as this week.<\/p>\n
Spirit Airlines operates more than 500 daily flights to more than 60 destinations, including at Fort Lauderdale-Hollywood International Airport and Miami International Airport.<\/p>\n
The budget airline has been facing financial headwinds for several years. The airline has been trying to recover from its second bankruptcy in less than a year.<\/p>\n
Now, it’s facing the added challenge of the spike in fuel prices.<\/p>\n
Recently pilot and flight attendant unions made concessions to help Spirit Airlines survive. The airline was also trying to bring in higher-spending customers with bigger seats and bundled fares to compete with rival airlines.<\/p>\n
Spirit Airlines had also been downsizing its fleet and pulling routes in an attempt to get back on track.<\/p>\n
Spirit Airlines isn’t the only airline to be impacted. Many airlines have increased ticket prices and bag fees to try and curb the surging fuel costs.<\/p>\n","protected":false},"excerpt":{"rendered":"UNITED STATES, (WINK)\u2014The end of South Florida-based Spirit Airlines could be near after multiple news outlets report that…\n","protected":false},"author":2,"featured_media":236745,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[20372,28,30,29,19324],"class_list":["post-236744","post","type-post","status-publish","format-standard","has-post-thumbnail","category-florida","tag-airline","tag-florida","tag-florida-headlines","tag-florida-news","tag-spirit-airlines"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/236744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=236744"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/236744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/236745"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=236744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=236744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=236744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}