Trader consensus on Polymarket prices a 65% implied probability that Spirit Airlines avoids shutdown or liquidation by May 31, driven by ongoing—though stalled—negotiations for a $500 million U.S. government rescue package under the Defense Production Act, potentially granting 90% federal ownership in exchange for averting collapse. Surging jet fuel prices from the Iran conflict have doubled costs beyond the $2.24 per gallon assumed in Spirit's March 2026 restructuring plan, which slashes debt from $7.4 billion to $2 billion and rightsizes the fleet to 76-80 aircraft; acute cash burn threatens emergence from Chapter 11 bankruptcy filed last year. Bankruptcy court delayed today's hearing as lender talks persist, alongside private bids, bolstering survival hopes ahead of key resolution deadlines.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedSpirit Airlines shutdown/liquidation by May 31?
Spirit Airlines shutdown/liquidation by May 31?
NEW
NEW
May 31, 2026
NEW
NEW
May 31, 2026
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.Trader consensus on Polymarket prices a 65% implied probability that Spirit Airlines avoids shutdown or liquidation by May 31, driven by ongoing—though stalled—negotiations for a $500 million U.S. government rescue package under the Defense Production Act, potentially granting 90% federal ownership in exchange for averting collapse. Surging jet fuel prices from the Iran conflict have doubled costs beyond the $2.24 per gallon assumed in Spirit's March 2026 restructuring plan, which slashes debt from $7.4 billion to $2 billion and rightsizes the fleet to 76-80 aircraft; acute cash burn threatens emergence from Chapter 11 bankruptcy filed last year. Bankruptcy court delayed today's hearing as lender talks persist, alongside private bids, bolstering survival hopes ahead of key resolution deadlines.
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.
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.
Market Opened: Apr 21, 2026, 4:53 PM ET
Volume
$8,547End Date
May 31, 2026Market Opened
Apr 21, 2026, 4:53 PM ETResolver
0x65070BE91...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.Trader consensus on Polymarket prices a 65% implied probability that Spirit Airlines avoids shutdown or liquidation by May 31, driven by ongoing—though stalled—negotiations for a $500 million U.S. government rescue package under the Defense Production Act, potentially granting 90% federal ownership in exchange for averting collapse. Surging jet fuel prices from the Iran conflict have doubled costs beyond the $2.24 per gallon assumed in Spirit's March 2026 restructuring plan, which slashes debt from $7.4 billion to $2 billion and rightsizes the fleet to 76-80 aircraft; acute cash burn threatens emergence from Chapter 11 bankruptcy filed last year. Bankruptcy court delayed today's hearing as lender talks persist, alongside private bids, bolstering survival hopes ahead of key resolution deadlines.
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.
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.
Volume
$8,547End Date
May 31, 2026Market Opened
Apr 21, 2026, 4:53 PM ETResolver
0x65070BE91...Trader consensus on Polymarket prices a 65% implied probability that Spirit Airlines avoids shutdown or liquidation by May 31, driven by ongoing—though stalled—negotiations for a $500 million U.S. government rescue package under the Defense Production Act, potentially granting 90% federal ownership in exchange for averting collapse. Surging jet fuel prices from the Iran conflict have doubled costs beyond the $2.24 per gallon assumed in Spirit's March 2026 restructuring plan, which slashes debt from $7.4 billion to $2 billion and rightsizes the fleet to 76-80 aircraft; acute cash burn threatens emergence from Chapter 11 bankruptcy filed last year. Bankruptcy court delayed today's hearing as lender talks persist, alongside private bids, bolstering survival hopes ahead of key resolution deadlines.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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