The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the two-month-old Iran war.

A Spirit board meeting ended without an agreement to rescue the company. Read more at straitstimes.com. Read more at straitstimes.com.

A Spirit board meeting ended without an agreement to rescue the company. Read more at straitstimes.com. Read more at straitstimes.com.

The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the two-month-old Iran war.

The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the two-month-old Iran war.

The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the two-month-old Iran war.

The collapse of Spirit will result in thousands of lost jobs and marks the first airline to fail in part due to a doubling in jet fuel prices during the two-month-old Iran war.

All flights by the troubled US carrier Spirit Airlines have been cancelled, with the company saying it was ending operations "immediately" after talks on a government bailout faltered.

Telling passengers not to go to the airport, the major, low-cost US airline cites 'oil prices and other pressures' for abruptly shutting down after failing to secure Trump-proposed bailout