From CNBC.

Budget carrier Spirit Airlines shut down after years of struggles.The carrier’s collapse stranded tens of thousands of customers. It will now begin the monthslong process of dismantling the company. CNBC’s Leslie Josephs explains what happens next.

Reporter: Leslie Josephs
Edited by: Erin Black
Senior Director of Video: Jeniece Pettitt

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Spirit Airlines Collapsed — Here’s What Happens Next