Spirit Airlines' collapse will give some carriers more pricing power as they race to capture Spirit's customers.

Loyal customers who amassed thousands of points through flight purchases and credit-card swipes might not see a penny in compensation for their accumulated rewards.

Things have not been looking good for Spirit Airlines for years now. The budget airline known for its bare-bones approach to the sky filed for bankruptcy in 2024 and then again in 2025. And yet, its demise on Saturday felt sudden and shocking: Spirit said it would go out of business,

Although Spirit Airlines went out of business, its co-branded Free Spirit credit cards will still work to make purchases.

Lousy service, not the Iran war, killed Spirit Airlines. Spirit was doomed to fail because of mismanagement, deep financial problems, and – crucially – its reputation for poor customer service. The spike in jet fuel prices during the war just accelerated Spirit’s inevitable demise.

After a government bailout fell through, Spirit made plans to close, and is expected to sell off planes and wind down operations.

They’re keeping the spirit alive. Spirit Airlines permanently shut down on Saturday after 34 years after a surge in fuel prices that impacted restructuring efforts, resulting in the cancellations of hundreds of flights and leaving customers wondering what this means for their future travel plans.

What Spirit's shut down could mean for you—and some tips for booking or rebooking travel amid the ongoing disruptions caused by the fuel crisis