Spirit Airlines shutdown/liquidation by May 31?

About This Market

This market will resolve to “Yes” if Spirit Airlines officially announces that it will cease operations or liquidate its assets by May 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. Ceases operations refers to an official announcement from Spirit Airlines that it will stop operating commercial flights on a permanent basis. This includes announcements that flight operations will stop, even if operations are planned to continue temporarily. Capacity reductions or operational pauses will not qualify. Liquidate its assets refers to an official announcement from Spirit Airlines that it will sell off its assets with intent to close its business. This includes the court approval of a liquidation plan in bankruptcy proceedings. The resolution sources for this market will be official information from Spirit Airlines and a consensus of credible reporting.