Business

Are Your Frequent Flyer Miles Safe? What Airline Bankruptcies Mean for Your Points in 2026

One Night, Millions of Miles — Gone On the night of May 1, 2026, millions of Free Spirit frequent flyer miles were worth something. By 3:00 AM on May 2, they were worth exactly nothing. When Spirit Airlines shut down, it did not just cancel flights. It wiped out an entire loyalty currency overnight. Members […]