Episode 2
The Night They Repossessed Spirit Airlines
In 2015, Spirit Airlines earned $317 million. On May 2, 2026, it stopped flying at 3 a.m. while repo crews were already moving for its jets. This is how America's most complained-about airline got rich, and what happened when everyone copied it.
Chapters
- 0:00 The repo crews
- 1:05 A Detroit charter operator
- 1:34 Charge for everything
- 2:16 The most hated airline
- 2:41 The money comes in
- 3:16 Everyone copies it
- 3:52 Frontier, JetBlue and a $3.8 billion deal
- 4:38 The judge's ruling
- 5:22 The engines
- 5:46 Bankruptcy
- 6:20 Bankrupt again
- 7:02 One last rescue
- 7:19 The final night
- 8:12 Into the desert
- 8:45 What actually sank Spirit
Sources
This video tells a business story. It is not financial, legal or investment advice.
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