Airlines broadly are grappling with higher jet fuel prices due to the US-Iran war
Published Thu, Apr 16, 2026 · 06:04 AM
[WASHINGTON] Spirit Aviation is at risk of being liquidated as rising jet fuel prices spurred by the US war with Iran further squeeze the bankrupt budget carrier’s finances, according to sources familiar with the matter.
Any decision by the company to potentially liquidate could come as soon as this week, said the sources, who asked not to be named because the discussions are private. The situation is fluid as Spirit engages in ongoing talks with its creditors, and its plans could still change, they added.
A Spirit spokesperson declined to comment. Representatives of creditor groups did not return calls seeking…