Trader consensus on Polymarket has priced Spirit Airlines shutdown or liquidation by May 31 at a 100% implied probability for "Yes," reflecting the collapse of a proposed $500 million U.S. government bailout announced just hours ago on May 1, 2026. Persistent cash burn, jet fuel prices surging beyond the $2.24 per gallon assumed in its March restructuring plan, and creditor disagreements have derailed emergence from Chapter 11 bankruptcy filed in late 2025, forcing asset liquidation as early as this weekend. While near-certain given depleted liquidity and halted operations reports, tail risks include an eleventh-hour private equity rescue or emergency federal intervention amid antitrust scrutiny on industry consolidation. Traders eye DOT filings and court updates ahead of resolution.
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?
$212,192 Vol.
$212,192 Vol.
$212,192 Vol.
$212,192 Vol.
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
Resolver
0x65070BE91...Outcome proposed: Yes
No dispute
Final outcome: Yes
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.
Resolver
0x65070BE91...Outcome proposed: Yes
No dispute
Final outcome: Yes
Trader consensus on Polymarket has priced Spirit Airlines shutdown or liquidation by May 31 at a 100% implied probability for "Yes," reflecting the collapse of a proposed $500 million U.S. government bailout announced just hours ago on May 1, 2026. Persistent cash burn, jet fuel prices surging beyond the $2.24 per gallon assumed in its March restructuring plan, and creditor disagreements have derailed emergence from Chapter 11 bankruptcy filed in late 2025, forcing asset liquidation as early as this weekend. While near-certain given depleted liquidity and halted operations reports, tail risks include an eleventh-hour private equity rescue or emergency federal intervention amid antitrust scrutiny on industry consolidation. Traders eye DOT filings and court updates ahead of resolution.
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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