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Low-cost US carrier Spirit Airlines has said that all of its flights have been cancelled as it started an “orderly wind-down of operations,” after a potential White House bailout fell through.....

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Low-cost US carrier Spirit Airlines has said that all of its flights have been cancelled as it started an “orderly wind-down of operations,” after a potential White House bailout fell through. “Spirit Aviation Holdings, Inc., parent company of Spirit Airlines … today regretfully announced that the Company has started an orderly wind-down of operations, effective immediately. All Spirit flights have been cancelled, and Spirit Guests should not go to the airport,” the airline said in a  statement  in the early hours of Saturday. Spirit had 4,119 domestic flights scheduled between May 1 and May 15, offering 809,638 seats, according to the latest data from Cirium. The collapse of the carrier due to a doubling in jet fuel prices during the  two-month-old Iran war  will cost thousands of jobs. It is also a blow to US President Donald Trump, who had proposed $500m to save Spirit despite opposition from some of his closest advisers and many Republicans in Congress. Spirit ha...