The Spirit is Gone
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In the past, we’ve seen airlines seemingly shut down out of nowhere. Spirit was not that airline. After years of declining fortunes, the airline went through two bankruptcy stints and a near-herculean effort by its management team to save the airline. In the end, the pioneer of the ultra low cost model in the US just didn’t have a chance, and it shut down in the early morning hours of May 2. Spirit was just one month shy of its 34th birthday. It is survived by 8,000-or-so employees w
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