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US carrier Spirit Airlines shuts down, industry’s first Iran war casualty
Jet fuel prices have doubled during the conflict, and a Trump-backed US$500 million bailout did not materialise.
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bbc.com
Spirit Airlines shutting down after rescue talks collapse
The airline had been in talks with the Trump administration about a $500m bailout.
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theguardian.com
Spirit Airlines ceases operations after 34 years amid financial struggles and high oil prices
Company had struggled to increase post-pandemic demand before war in Iran pushed up jet fuel costs
