Uploaded May 2026 | Updated September 2026, 2 weeks ago

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The government regulated airlines like a public utility until 1978, when they were massively deregulated.

Since deregulation the airline industry has seen 215 bankruptcies and 45 mergers.

Spirit just is the latest victim of Wall Street greed, and government deregulation.

Producer: saninamillion
Editor: discosludge
Supervising Producer: Court Fuller