India, May 2 -- Spirit Airlines Shutdown Update: Spirit Airlines has ceased all operations throughout the United States after failing to get the reported $500 million bailout package from the government marking the end of its 34 years of operation and the loss of nearly 17,000 jobs. The sudden closure of the airline has generated political ramifications in Washington D.C. including Democratic Senator Elizabeth Warren becoming a key player in the ongoing debate surrounding the issue although Spirit states that the company's financial difficulties were due to high fuel prices, other critics believe that government policy decisions and regulatory pressures were ultimately responsible for creating the climate that led to Spirit's demise. Ther...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.