What would a Spirit Airlines shutdown mean for travelers?

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What would a Spirit Airlines shutdown mean for travelers?

A Spirit Airlines shutdown would ripple through commercial aviation, likely raising higher fares as the budget carrier exits the market, industry experts said. …

A Spirit Airlines shutdown would ripple through commercial aviation, likely raising higher fares as the budget carrier exits the market, industry experts said. "Any time you have a reduction in capacity and demand increases, airfares have nowhere to go but up. And that doesn't count the fares that are already rising because of the spike in fuel prices," CBS News travel editor Peter Greenberg told CBS News Boston. …

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