Tag: airlines
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The Spirit Collapse: When Blocking a Merger Eliminated the Competition It Aimed to Protect—and Multiplied the Damage
The shutdown of Spirit Airlines on May 1, 2026 is being described in many places as a market failure. That framing is incomplete. The market was already under pressure, but the outcome that ultimately occurred cannot be understood without looking directly at the policy decision that removed Spirit’s only viable path forward. What happened on…