Amari Kroon

Spirit said early Saturday it had started a, quote, orderly wind-down of operations.

A few hours earlier at Burbank Airport, orderly may not have been the word choice for ticket holders.

Here's Amari Kroon.

They're telling everybody in line, do you want a refund or do you want to rebook or get a credit?

A credit for what?

Not a Spirit flight.

It's booked 11 million seats this summer, fewer than half from the year before.

In its 34 years in business, Spirit made air travel more accessible.

Its cheap seats and charges for extras prompted other companies to lower their prices to stay competitive.

Data show when Spirit exited a route, airfare rose on average by a quarter.

Now, with fewer flights and increased demand across the board, analysts say airfare has nowhere to go but up.