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matwood 11 hours ago

The immediate cause was rising fuel prices. The other issue sounds like it was poorly ran.

More generally, it is also a low cost carrier at a time when, after years of competing on price, airlines are seeing people willing to pay more for a better experience. All other carriers are expanding their premium options, catering to the affluent part of the K economy (for the first time ever the majority of Delta revenue came from premium cabins over main). Meanwhile, Spirit was dealing on the other side of the K who is also most impacted by increasing inflation, etc... giving Spirit zero ability to raise prices.

gib444 10 hours ago | parent [-]

> Meanwhile, Spirit was dealing on the other side of the K who is also most impacted by increasing inflation, etc... giving Spirit zero ability to raise prices.

Ryanair (Europe's biggest and most profitable airline) is managing it OK [0]

What's difference about that side of the K in the USA vs Europe?

[0] https://www.bbc.co.uk/news/articles/c620506dvmjo