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Spirit Airlines dies overnight as Iran war kills budget travel

Why this story

First major corporate casualty connecting geopolitical crisis to domestic impact - more concrete than diplomatic speculation.

BULL CASE

Capacity crunch boosts surviving airlines — multiple carriers capped Spirit rebooking prices per Duffy's Saturday announcement.

BEAR CASE

First Iran war casualty signals industry crisis — jet fuel doubled in two months per South China Morning Post reporting.

GLOBAL MARKETS

Global media calls Spirit 'first Iran war casualty' — Al Jazeera and SCMP link fuel shock directly to geopolitical conflict.

Hidden Truth
Hidden truth: Duffy rejected Iran war blame — 'Spirit was in dire straits long before the war' he said Saturday, citing prior bankruptcies.
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Should the government have bailed out Spirit Airlines?