Spirit Airlines Prepares to Shut Down
WSJ Minute Briefing
The Wall Street Journal
4.1 • 671 Ratings
🗓️ 1 May 2026
⏱️ 3 minutes
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| 0:00.0 | Searching for a home, the real commute tool from Realtor.com, |
| 0:03.5 | lets you find homes right where you need to be. |
| 0:05.9 | Find a home 10 minutes from work, 15 from school, and 20 from grandmas. |
| 0:10.3 | With over half a million new listings every month, |
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| 0:16.1 | Trust the number one site Real Estate Professionals Trust. |
| 0:19.0 | Search now on Realtor.com. |
| 0:20.6 | Based on average |
| 0:21.6 | new for sale and rental listings July 24th through June 2025, number one trusted based |
| 0:26.2 | on August 2025 proprietary survey among real estate professionals. Here's your midday brief |
| 0:34.4 | for Friday, May 1st. I'm Anthony Bansy for the Wall Street Journal. |
| 0:38.9 | We're exclusively reporting that Spirit Airlines is preparing to stop its operations. |
| 0:43.8 | The budget airline had been in talks with the Trump administration for a $500 million |
| 0:48.4 | lifeline, but the rescue deal has fallen apart, and without it, Spirit is running out of cash. |
| 0:55.6 | The airline is moving forward with plans to liquidate its planes and shut down. But when that might happen, isn't clear. |
| 1:02.0 | The Defense Department now has deals with eight tech companies, including Open AI and Google, |
| 1:07.5 | to use their artificial intelligence in classified settings. |
| 1:16.7 | These contracts give the department more AI options after declared Anthropic a supply chain risk earlier in the year. The deals show how much of Silicon Valley is agreeing to the Pentagon's |
| 1:22.5 | terms in a way that Anthropic didn't, and that led to a big fight between the government and anthropic. |
| 1:29.3 | And Elon Musk's pay package at Tesla was valued at $158.4 billion last year. |
| 1:37.0 | Tesla shareholders approved the massive pay plan this past November to motivate the chief |
| 1:41.5 | executive to focus more time on the electric vehicle maker. |
... |
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