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icon for Spirit Airlines shutdown/liquidation by May 31?

Spirit Airlines shutdown/liquidation by May 31?

icon for Spirit Airlines shutdown/liquidation by May 31?

Spirit Airlines shutdown/liquidation by May 31?

>99% chance
Polymarket

$212,192 Vol.

>99% chance
Polymarket

$212,192 Vol.

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 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.

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.
Volume
$212,192
End Date
May 31, 2026
Market Opened
Apr 21, 2026, 4:53 PM ET
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.

Outcome proposed: Yes

No dispute

Final outcome: Yes

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 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.

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.
Volume
$212,192
End Date
May 31, 2026
Market Opened
Apr 21, 2026, 4:53 PM ET
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.

Outcome proposed: Yes

No dispute

Final outcome: Yes

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Frequently Asked Questions

"Spirit Airlines shutdown/liquidation by May 31?" is a prediction market on Polymarket where traders buy and sell "Yes" or "No" shares based on whether they believe this event will happen. The current crowd-sourced probability is 100% for "Yes." For example, if "Yes" is priced at 100¢, the market collectively assigns a 100% chance that this event will occur. These odds shift continuously as traders react to new developments and information. Shares in the correct outcome are redeemable for $1 each upon market resolution.

As of today, "Spirit Airlines shutdown/liquidation by May 31?" has generated $212.2K in total trading volume since the market launched on Apr 21, 2026. This level of trading activity reflects strong engagement from the Polymarket community and helps ensure that the current odds are informed by a deep pool of market participants. You can track live price movements and trade on any outcome directly on this page.

To trade on "Spirit Airlines shutdown/liquidation by May 31?," simply choose whether you believe the answer is "Yes" or "No." Each side has a current price that reflects the market's implied probability. Enter your amount and click "Trade." If you buy "Yes" shares and the outcome resolves as "Yes," each share pays out $1. If it resolves as "No," your "Yes" shares pay $0. You can also sell your shares at any time before resolution if you want to lock in a profit or cut a loss.

The current probability for "Spirit Airlines shutdown/liquidation by May 31?" is 100% for "Yes." This means the Polymarket crowd currently believes there is a 100% chance that this event will occur. These odds update in real-time based on actual trades, providing a continuously updated signal of what the market expects to happen.

The resolution rules for "Spirit Airlines shutdown/liquidation by May 31?" define exactly what needs to happen for each outcome to be declared a winner — including the official data sources used to determine the result. You can review the complete resolution criteria in the "Rules" section on this page above the comments. We recommend reading the rules carefully before trading, as they specify the precise conditions, edge cases, and sources that govern how this market is settled.