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Spirit Airlines Collapsed — Here's What Happens Next

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May 5, 2026

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YouTube Description

as posted by the channel

Budget carrier Spirit Airlines shut down after years of struggles.The carrier’s collapse stranded tens of thousands of customers. It will now begin the monthslong process of dismantling the company. CNBC's Leslie Josephs explains what happens next.

Reporter: Leslie Josephs

Edited by: Erin Black

Senior Director of Video: Jeniece Pettitt

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Spirit Airlines Collapsed — Here's What Happens Next

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Guests & Subjects Covered

Here's What Happens NextSpirit AirlinesCNBC's Leslie JosephsReporter Leslie Josephs EditedErin Black Senior DirectorVideo Jeniece PettittReality TVIn CNBCs

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