Episode
Spirit Airlines shuts down.
- Podcast
- Tangle
- Published
- May 4, 2026
- Duration seconds
- 1919
- Processing state
not_requested- Canonical source
- https://www.readtangle.com/
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Summary
On Saturday, Spirit Airlines announced that it was canceling all flights and beginning an “orderly wind-down” of its operations. The budget airline had been struggling since the Covid-19 pandemic, and it hasn’t posted a profitable year since 2019. President Donald Trump had sought a deal to bail out the company before its shutdown but failed to reach an agreement with bondholders. About 17,000 Spirit employees and contractors are expected to lose their jobs; union representatives are negotiating with the airline to grant compensation packages to affected workers. Ad-free podcasts are here! To listen to this podcast ad-free, and to enjoy our subscriber only premium content, go to ReadTangle.com to sign up! Corruption in the Trump administration? “After reviewing the evidence of the first 15 months of President Trump’s second term, I believe the president is profiting off the office and making foreign policy decisions based on business interests to a level we’ve never seen or even conceived of before, and apparently nothing is being done to stop it.” Gold phones, Qatari planes, Syrian golf courses, cryptocurrency schemes, ballroom donations. Market moves, board seats, lawsuits dropped, lawsuits threatened. Pardons, prosecutions, profits, profits, profits… This past Friday, Executive Editor Isaac Saul waded through all of it in a thorough exploration of the charges of corruption against President Donald Trump. In case you missed it, you can read the piece here . We’ve also decided to make this Friday edition open to everyone, so please share it with anyone you think would be interested! You can read today's podcast here and today’s “Have a nice day” story here . You can subscribe to Tangle by clicking here &nb…