South Florida-based Spirit Airlines, known for its yellow planes, low fares and low frills, shut down operations on Saturday morning after several years of financial struggles.
The halt came after a last-minute deal for a federal taxpayer bailout failed. Spirit had filed for bankruptcy twice and was running out of money.
“It is with great disappointment that Spirit Airlines has started winding down its global operations, effective immediately,” the airline said in a statement on Saturday. “All flights have been canceled, and customer service is no longer available.”…