Is Spirit Airlines shutting down? What to know if you have tickets

If you're booking a flight or have an upcoming trip on Spirit Airlines, pay close attention.

The airline could reportedly liquidate any day now and shut down.

Spirit has been trying to recover from its second bankruptcy in less than a year, but is now facing the added challenge of soaring fuel prices. The situation has customers with Spirit tickets understandably nervous, and there are some important lessons here for all consumers booking future travel.
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