Shot Down at Kitty Hawk

HigherIQ · May 6, 2026 · 5m

00:00 — Introduction 00:36 — The Economics of Empty Seats 01:47 — The Spirit Model 03:18 — The Paradox 04:31 — Wrap Up Sources: - David Oks - Why Airlines Are Always Going Bankrupt: https://davidoks.blog/p/why-airlines-are-always-going-bankrupt - NPR - Spirit Airlines Ceases Operations After Escalating Financial Struggles: https://www.npr.org/2026/05/02/nx-s1-5807933/spirit-airlines-ceases-operations-folds - CNN Business - Spirit Airlines Canceled All Flights and Is Going Out of Business: https://www.cnn.com/2026/05/02/business/spirit-to-halt-all-flights - CNBC - Spirit Airlines Shuts Down…