Spirit Airlines is the first major U.S. carrier to go out of business in more than two decades. In this special edition, Gordon is joined by Jay and Meghna to unpack what went wrong — from blocked mergers to shifting consumer demand — and what Spirit's collapse means for the future of low-cost flying in America.
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00:00 Spirit Collapse Begins
00:54 Meghna’s 3AM Breaking News
02:51 How Spirit Ran Out
06:10 Is ULCC Model Dead
09:00 Bankruptcy Missteps And Mergers
13:32 DOJ JetBlue Deal Fallout
17:59 Cost Math Writing Wall
20:34 Part Two What Happens Next
20:48 Who Fills Spirit Routes
23:19 Fares Rise And Route Gaps
25:26 What Low Cost Still Works
27:32 Mergers Partnerships After Spirit
33:34 Can A New ULCC Launch
36:42 Final Thanks And Wrap
