Di sebalik Spirit Airlines

WASHINGTON (May 2): Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan. Pada Sabtu ini, Spirit Airlines menjadi salah satu topik yang menarik perhatian di Malaysia.

Fakta-fakta

• WASHINGTON (May 2): Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan.
• Spirit Airlines is shutting down as a business after failing to secure a $500m (£368m) bailout from the Trump administration.
• Low-cost US carrier Spirit Airlines has said that all of its flights have been cancelled as it started an “orderly wind-down of operations,” after a potential White House bailout fell through.
• Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan.
• “Spirit Aviation Holdings, Inc., parent company of Spirit Airlines … today regretfully announced that the Company has started an orderly wind-down of operations, effective immediately.

Apa yang diketahui

Secara terperinci, Spirit Airlines is shutting down as a business after failing to secure a $500m (£368m) bailout from the Trump administration.

Lebih spesifik, Low-cost US carrier Spirit Airlines has said that all of its flights have been cancelled as it started an “orderly wind-down of operations,” after a potential White House bailout fell through.

Selain itu, Bankrupt discount carrier Spirit Airlines ceased operations on Saturday, the industry's first casualty linked to the Iran war, after failing to secure creditor support for a US government bailout plan.

“Spirit Aviation Holdings, Inc., parent company of Spirit Airlines … today regretfully announced that the Company has started an orderly wind-down of operations, effective immediately.

Pada peringkat ini Transportation Secretary Sean Duffy told Reuters he had tried to get many airlines to buy Spirit but found no takers. “What would someone buy?” Duffy asked. “If no one else wants to buy them, why would we buy them?”

Angka-angka

Secara terperinci, the collapse of the US-based budget carrier due to a doubling in jet fuel prices will cost thousands of jobs.

Lebih spesifik, Spirit had 4,119 domestic flights scheduled between May 1 and May 15, offering 809,638 seats, according to the latest data from Cirium.

Selain itu, it is also a blow to US President Donald Trump, who had proposed $500m to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress.

Perlu dicatat bahawa Trump on Friday said the White House had given Spirit and its creditors a final rescue proposal, after talks hit an impasse over a $500m financing package that would have helped the airline keep operating through bankruptcy.

Apa yang dikatakan

“Unfortunately, despite the Company’s efforts, the recent material increase in oil prices and other pressures on the business have significantly impacted Spirit’s financial outlook,” Spirit said in a statement announcing its “orderly wind-down”.

“If we can help them, we will, but we have to come first,” Trump told reporters. “If we could do it, we’d do it, but only if it’s a good deal.”

Konteks

Perlu dicatat bahawa Spirit’s restructuring plan assumed jet fuel costs of about $2.24 a gallon in 2026 and $2.14 in 2027, but prices had climbed to about $4.51 a gallon by the end of April, leaving the carrier unable to survive without new financing.

Pada peringkat ini No US carrier of Spirit’s size – it accounted for 5 percent of US flights at one point.

Secara terperinci, Savanthi Syth, airlines analyst at the investment bank Raymond James, said spiralling jet fuel costs in the wake of the Iran war had proved "the final nail in the coffin" for Spirit.

Lebih spesifik, it is a blow to President Donald Trump, who had proposed US$500 million (RM1.99 billion) to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress.

Selain itu, No US carrier of Spirit's size — it accounted for 5% of US flights at one point.

Ringkasan

• The collapse of the US-based budget carrier due to a doubling in jet fuel prices will cost thousands of jobs.
• It is also a blow to US President Donald Trump, who had proposed $500m to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress.
• It is a blow to President Donald Trump, who had proposed US$500 million (RM1.99 billion) to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress.