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Spirit lost $1.61 for every $1 it took in — and would still be losing money even if jet fuel was free

Summary by New York Post
A new court filing has revealed just how desperate Spirit Airlines was for a bailout ahead of its abrupt shutdown earlier this month – as it operated at massive losses that even free jet fuel couldn’t fix.

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New York Post broke the news in New York, United States on Friday, May 22, 2026.
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