Spirit Airlines crowdfunding campaign
Definition
A viral, non-binding crowdfunding initiative launched on May 2, 2026, by the Spirit 2.0 Cooperative Initiative immediately after Spirit Airlines collapsed, inviting the public to pledge funds starting at $45 to collectively bid on and revive the ultra-low-cost carrier as a democratically owned airline with one-member-one-vote governance.
Grassroots pledge drive amassing over $337 million from more than 371,000 individuals as of May 9, 2026, aimed at preventing private equity acquisition of Spirit Airlines' assets and establishing Spirit 2.0 as a community-owned model emphasizing affordable fares, worker equity, and transparent operations.
Examples
After pledging to the Spirit Airlines crowdfunding campaign, Sarah joked that her $45 now entitled her to complain about legroom as a part-owner.
The Spirit Airlines crowdfunding campaign transformed jaded passengers into optimistic shareholders faster than a delayed flight turns into a gate party.
With $337 million pledged to the Spirit Airlines crowdfunding campaign, even the airline's notorious fee structure couldn't ground the public's enthusiasm.
Bob skipped his morning coffee to back the Spirit Airlines crowdfunding campaign, betting his brew money on cheaper flights in a co-op sky.