Spirit Airlines

The carrier is offering $12 million.

The plaintiffs say they were terminated with no advance notice, in possible violation of federal law.

The former carrier’s aircraft are being returned to leasing companies.

The carrier expects a bump in business following its competitor’s collapse.

A U.S. bankruptcy judge on Tuesday approved the failed carrier’s wind-down plan and budget.

The failed carrier will retain a small core of employees to manage its shutdown and liquidate assets.

Transportation Secretary Sean Duffy said responsibility lies with former President Joe Biden and his Justice Department.

Spirit halted all flying around 2 a.m. Saturday, leaving customers scrambling for alternate bookings.

Earlier reports suggested that the carrier was quickly running out of cash.

The Wall Street Journal reported Friday that the carrier is preparing to shut down.