The Yellow Jets' Long Goodbye: What the Spirit Airlines Shutdown Reveals About the Industry's Hidden Dynamics The recent shutdown of Spirit Airlines was a shock to travelers, but for those in the aviation industry, it was only a matter of time.
Major airline bankruptcies are rare in the US, and Spirit's collapse has exposed the often hidden dynamics at play when airlines fold.
One aspect that has garnered attention is the repossession of planes by companies like Nomadic Aviation Group.