Spirit Airlines, a budget carrier in the United States, has begun winding down operations, cancelling all flights, after talks with the Trump administration to secure a $500m bailout failed. Experts say a spike in aviation fuel prices from the US-Israel war on Iran dealt the final blow to the struggling airline that pioneered the ultralow-cost carrier model. The airline’s shutdown after 34 years has left some 17,000 staff members unemployed, many passengers stranded, and raised doubts about the future of budget air travel. Recommended Stories list of 3 items list 1 of 3 Ben-Gvir celebrates birthday with cake decorated with death penalty noose list 2 of 3 Hospitals in Lebanon overwhelmed with patients injured by Israeli attacks list 3 of 3 Strait of Hormuz blockade and other major naval sieges in modern times end of list How did Spirit Airlines reach this point? Did the US-Israel war on Iran deliver the final blow? Here’s what we know: What has Spirit Airlines said?…