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commerce
shāng yè
商业
·HSK 2

United States / American
Měiguó
美国
low-cost / budget
liánjià
廉价
airline
hángkōng gōngsī
航空公司
Spirit (airline name)
Spirit
Spirit
to stop / to cease
tíngzhǐ
停止
all
suǒyǒu
所有
flights
hángbān
航班
,
to close down / to shut down
guānbì
关闭
company
gōngsī
公司
。

United States / American
Měiguó
美国
low-cost / budget
liánjià
廉价
airline
hángkōng gōngsī
航空公司
Spirit Airlines (company name)
Spirit
Spirit
on (date/time)
yú
于
May 2nd
wǔyuè èr rì
五月二日
to cease / to stop
tíngzhǐ
停止
operations
yùnyíng
运营
,
approximately
yuē
约
17,000 (people)
yī wàn qīqiān míng
一万七千名
employees / workers
yuángōng
员工
lost jobs / became unemployed
shīyè
失业
。

May 8, 2026 at 5:00 AM

United States / American
Měiguó
美国
low-cost / budget
liánjià
廉价
airline
hángkōng gōngsī
航空公司
Spirit Airlines (company name)
Spirit
Spirit
at
zài
在
May 2nd
wǔyuè èr rì
五月二日
stopped / ceased
tíngzhǐ
停止
completion particle
le
了
all
suǒyǒu
所有
flights
hángbān
航班
,
officially
zhèngshì
正式
to shut down
guānbì
关闭
。
this (measure word for companies)
zhè jiā
这家
airline
hángkōng gōngsī
航空公司
already
yǐjīng
已经
operated / in operation
yùnyíng
运营
many years
duōnián
多年
,
but / however
dàn
但
always / continuously
yīzhí
一直
losing money / operating at a loss
kuīsǔn
亏损
。
company
gōngsī
公司
structural particle
de
的
problems / issues
wèntí
问题
many / a lot
hěnduō
很多
:
large / major
dàxíng
大型
airlines
hángkōng gōngsī
航空公司
copied / learned from
xuéxí
学习
completion particle
le
了
its
tā de
它的
low-price
dījià
低价
model / approach
móshì
模式
,
jet fuel
ráyóu
燃油
prices
jiàgé
价格
also
yě
也
because of
yīnwèi
因为
Iran
Yīlǎng
伊朗
war
zhànzhēng
战争
rose / increased
shàngzhǎng
上涨
completion particle
le
了
。
Spirit Airlines (company name)
Spirit
Spirit
to / toward
xiàng
向
government
zhèngfǔ
政府
applied for / requested
shēnqǐng
申请
$500 million
wǔ yì měiyuán
五亿美元
structural particle
de
的
bailout / rescue funds
jiùzhù
救助
,
but
dàn
但
did not / there was no
méiyǒu
没有
success / succeed
chénggōng
成功
。
closing down / shutdown
guānbì
关闭
affected / impact
yǐngxiǎng
影响
completion particle
le
了
approximately
dàyuē
大约
17,000 (people)
yī wàn qīqiān míng
一万七千名
workers
gōngrén
工人
,
they / them
tāmen
他们
lost
shīqù le
失去了
jobs
gōngzuò
工作
and
hé
和
healthcare
yīliáo
医疗
insurance
bǎoxiǎn
保险
。
other
qítā
其他
airlines
hángkōng gōngsī
航空公司
,
for example / such as
bǐrú
比如
American Airlines
Měiguó Hángkōng
美国航空
and
hé
和
United Airlines
Liánhé Hángkōng
联合航空
,
helped
bāngzhù
帮助
completion particle
le
了
many
hěnduō
很多
passive particle (by)
bèi
被
stranded
kùn zhù
困住
structural particle
de
的
passengers / travelers
lǚkè
旅客
。
purchased / bought
mǎi le
买了
airline tickets
jīpiào
机票
structural particle
de
的
passengers
lǚkè
旅客
can / may
kěyǐ
可以
through / via
tōngguò
通过
credit card
xìnyòngkǎ
信用卡
or
huò
或
debit card
jièjìkǎ
借记卡
to apply for
shēnqǐng
申请
refund
tuìkuǎn
退款
。

New Words

liánjià hángkōng gōngsī
廉价航空公司
low-cost airline
tíngzhǐ yùnyíng
停止运营
to cease operations
yīzhí kuīsǔn
一直亏损
to continuously lose money
ráyóu jiàgé
燃油价格
fuel prices
jiùzhù
救助
bailout/rescue
shīyè
失业
to become unemployed
yīliáo bǎoxiǎn
医疗保险
healthcare insurance
shēnqǐng tuìkuǎn
申请退款
to apply for a refund
kùnzhù
困住
stranded
dījià móshì
低价模式
low-price business model

News in English

Business

Spirit Airlines Ceases All Flights and Shuts Down Operations

US budget carrier Spirit Airlines ceased all operations on May 2, shutting down after years of financial struggles and two bankruptcies since 2024. Around 17,000 workers lost their jobs as a result.

On May 2nd, Spirit Airlines, a major U.S. low-cost carrier, suspended all flight operations and officially shut down.

This airline had already been operating for many years but had continuously been losing money. The company faced numerous problems: major airlines had copied its low-price model, and fuel prices had also risen due to the Iran war.

Spirit applied to the government for a $500 million bailout but was unsuccessful. The closure affected approximately 17,000 workers who lost their jobs and healthcare insurance.

Other airlines, such as American Airlines and United Airlines, assisted many stranded passengers. Passengers who had purchased tickets can request refunds through their credit cards or debit cards.

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artificial intelligence
réngōng zhìnéng
人工智能
revenue / income
shōurù
收入
prospects / outlook
qiánjǐng
前景
to trigger / to cause
yǐnfā
引发
doubts / questions
yíwèn
疑问
,
semiconductor
bàndǎotǐ
半导体
stock price
gǔjià
股价
from
cóng
从
October
shí yuè
十月
peak / high point
gāodiǎn
高点
to retreat / to fall back
huíluò
回落
。

AI Revenue Uncertainty Pulls Semiconductor Stocks Off October Highs

United States
Měiguó
美国
stock market
gǔshì
股市
Friday
zhōuwǔ
周五
strongly / with force
qiángshì
强势
to rebound / to rally
fǎntán
反弹
,
Dow Jones Index
Dào Zhǐ
道指
gained more than
zhǎng chāo
涨超
400 points
400 diǎn
400点
,
to end / to conclude
jiéshù
结束
volatile / turbulent
dòngdàng
动荡
(particle)
de
的
one week
yī zhōu
一周
。

US Stocks Cap Volatile Week With Strong Friday Rally as Dow Gains Over 400 Points

international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

Nasdaq Slides 1.3 Percent as Brent Oil Holds Above 100 Dollars

OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

OPEC Announces November Oil Output to Remain Unchanged