Spirit Airlines' Shutdown Puts $250M Broward HQ In Limbo

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Spirit Airlines' Shutdown Puts $250M Broward HQ In Limbo
 
Published Wednesday, May 6, 2026 11:00 am
by Chloe Gallivan

This is a summary

"Spirit shut down this weekend, sending passengers and other airlines scrambling to deal with the fallout of the abrupt collapse.

The budget airline has been in Chapter 11 bankruptcy for most of the past 18 months after multiple failed merger attempts and years of losses. It secured a deal in March to emerge as a slimmer, restructured company, but rising jet fuel prices torpedoed the deal.

President Donald Trump floated a $500M government bailout for the airline, but that deal fell through this week after disagreements between the government and bondholders, leaving the company to prepare to cease operations, The Wall Street Journal reported.

A Spirit Airlines spokesperson didn’t immediately respond to a request for comment. The company, founded in 1992, opened a $275M headquarters campus at 1731 Radiant Drive in Dania Beach just seven months before first filing for bankruptcy."

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Spirit Airlines' Shutdown Puts $250M Broward HQ In Limbo| Bisnow

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Spirit Airlines' Shutdown Puts $250M Broward HQ In Limbo| Bisnow

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