In a shocking turn of events, ultra-low-cost carrier Spirit Airlines permanently shut down operations after 34 years in business, canceling all flights as of 3 a.m. ET on a Saturday morning. The move came amid skyrocketing jet fuel prices, which doubled following escalating tensions and military actions between the United States and Iran under the Trump administration. Below, we answer key questions about the airline’s collapse, what it means for travelers, and how refunds are being handled.

Why did Spirit Airlines shut down?

Spirit Airlines ceased operations primarily due to an unprecedented surge in jet fuel costs. The price of jet fuel doubled after President Trump’s “maximum pressure” campaign against Iran escalated into open conflict, including airstrikes and disrupted supply routes. As an ultra-low-cost carrier, Spirit operated on razor-thin margins and relied heavily on predictable fuel expenses. When fuel prices skyrocketed, the airline could no longer sustain its business model, leading to an abrupt shutdown without prior warning to passengers or employees.

When did the shutdown occur?

The shutdown took effect at 3 a.m. ET on a Saturday morning. All Spirit Airlines flights were canceled starting from that time. Air traffic control recordings captured pilots and controllers exchanging emotional sign-offs as the last Spirit flights landed just after the announcement. The airline’s website was immediately redirected to spiritrestructuring.com, and passengers were advised via text and email not to go to the airport.

What should affected passengers do?

If you had a ticket with Spirit Airlines, do not go to the airport. Instead, visit the official restructuring site at spiritrestructuring.com for instructions. For those who purchased tickets directly using a credit or debit card, refunds have already been issued and will be processed back to your card account. If you booked through a third-party travel site or used other payment methods, the process may differ—check the website or contact your bank. Unfortunately, all pending reservations are void, and no alternative flights are being arranged.

How did fuel prices contribute to the closure?

Jet fuel is the single largest operating cost for airlines, and ultra-low-cost carriers like Spirit are especially vulnerable to price spikes. The Trump administration’s military actions against Iran—including targeted strikes and the imposition of severe sanctions—disrupted global oil supply chains, sending fuel costs soaring. According to industry analysts, jet fuel prices roughly doubled within months. For Spirit, this meant that many routes became unprofitable overnight. Attempts to cut costs elsewhere (layoffs, route reductions) were insufficient, and the airline was forced to shut down entirely.

How long was Spirit Airlines in business?

Spirit Airlines operated for 34 years before its sudden closure. Founded in 1992, it grew from a small charter carrier into one of the largest ultra-low-cost airlines in the United States, known for its bare-bones fares and extensive network of routes, particularly connecting leisure travelers to Florida, the Caribbean, and Latin America.

What is spiritrestructuring.com?

The website spiritrestructuring.com was set up to handle the airline’s shutdown process. It contains a statement explaining the closure, refund procedures for passengers, and contact information for creditors and employees. The site also warns travelers not to go to airports and clarifies that no further flights will be operated. It serves as the central hub for all post-shutdown communications from Spirit’s management.