May 2 (UPI) -- Spirit Airlines closed Saturday morning, with no options for those already booked on the airline.
"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," the airline said in a statement. "With no additional funding available to the company, Spirit had no choice but to begin this wind-down."
All flights are canceled, and passengers shouldn't go to the airport, Spirit said. Those who booked directly with the company will get refunds, but others should reach out to their travel agent or booking site, the company said.
The company reported around 17,000 employees as of the shutdown.
"We've activated our airline partners to ensure passengers are not stranded, communities maintain route access, fares do not skyrocket, and Spirit's workforce is connected to new job opportunities," Secretary of Transportation Sean Duffy said in a statement.
