Iran War Doubles Fuel Costs, Spirit Airlines Shuts Down After 34 Years, FLYYQ Stock Crashes 40%
Spirit Airlines halted all operations early on May 2, 2026, ending 34 years of service. A fuel cost surge tied to the U.S.-Iran War wiped out the carrier’s path back to profitability. The final flight landed in Dallas shortly after 1 a.m. EST, with the systemwide shutdown set for 3 a.m. Spirit had filed for … Read more