Saturday, I woke up to the news that Spirit Airlines had canceled every flight and begun an orderly wind-down of operations. Seventeen thousand people—pilots, flight attendants, mechanics, ramp workers—are now out of work. Thousands of passengers holding tickets for the coming weeks are stranded, staring at refund notices and scrambling for rides on pricier carriers. The yellow planes that once crammed budget travelers from coast to coast for fares cheaper than a tank of gas are parked for the last time.
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