Reviving affordable flight with a people‑powered bailout.
A viral, crowdsourced movement to revive affordable flight as a community‑guided, electrified carrier — powered by SPRT2.
Contributions are logged in the Founders Ledger and mirrored in SPRT2 tokens.
⭐ The Real Numbers
Revival costs, current status, and the funding gap — including electrification.
Spirit shut down with $7.4B in total obligations before restructuring, ~200 aircraft (mostly A320 family), thousands of employees, and gate leases that must be renegotiated. After restructuring, ~$2B in debt/leases remain.
| Scenario | Estimated Cost |
|---|---|
| Acquire reorganized Spirit (post‑bankruptcy) | $2–3B |
| Acquire assets + restart operations | $4–6B |
| Full revival + modernization + electrification | $6–9B |
- $7.4BTotal obligations before restructuring
- ~$2BRemaining debt/leases after restructuring
- ~200 aircraftMostly A320 family
- Thousands of employeesGate leases, routes, and airport contracts to renegotiate
Not $1B. Not $500M. A true revival is a multi‑billion‑dollar undertaking.
Formula: Market Cap = Supply × Token Price. With pump.fun’s 1,000,000,000 token launch supply, required market cap aligns directly to each funding target.
| Spirit 2.0 Scenario | Funding Target | Required Market Cap | Token Price Needed |
|---|---|---|---|
| Acquire reorganized Spirit | $2–3B | $2–3B | $2.00–$3.00 |
| Acquire assets + restart operations | $4–6B | $4–6B | $4.00–$6.00 |
| Full revival + modernization | $6–9B | $6–9B | $6.00–$9.00 |
| Contribution | $2B–$3B | $4B–$6B | $6B–$9B |
|---|---|---|---|
| $10 | 200M–300M | 400M–600M | 600M–900M |
| $25 | 80M–120M | 160M–240M | 240M–360M |
| $50 | 40M–60M | 80M–120M | 120M–180M |
| $100 | 20M–30M | 40M–60M | 60M–90M |
Practical takeaway: SPRT2 is best treated as an identity/governance layer and movement signal. Real acquisition capital still requires a hybrid stack (supporters, institutions, corporate partners, and structured finance).
Synced to letsbuyspiritair.com running tally (unverified / subject to audit). Last synced: 2026-05-07 UTC.
- No legal entity
- No acquisition vehicle
- No FAA certificate
- No capital stack
- No institutional partners
Three electrification upgrade tiers for a Spirit‑size fleet (~200 aircraft). Total electrification adds ~$1B to the revival cost.
| Upgrade | Fleet Cost |
|---|---|
| Electric APUs | $100–240M |
| Electric Taxi Systems | $70–100M |
| Hybrid‑Electric Assist | $600M–$1.2B |
| Total Electrification | $770M–$1.54B |
| Component | Cost |
|---|---|
| Acquire Spirit (minimum) | $2–3B |
| Electrification upgrades | $0.8–1.5B |
| Total (fully modernized) | $2.8–4.5B |
$3–5 billion
The movement cannot buy Spirit with pledges alone. But it can build the platform that real capital plugs into. The crowd provides legitimacy + governance. Institutions provide capital. Together, they can hit $3–5B.
What Is Spirit 2.0?
A community‑guided campaign to turn Spirit Airlines’ shutdown into a people’s bailout — building a transparent, electrified low‑cost carrier.
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OriginSpirit ceased operations in May 2026 after 34 years. Tens of thousands pledged over Loading... in non‑binding support.
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GoalOrganize viral energy into a structured movement capable of supporting a multi‑billion‑dollar relaunch as a People’s Carrier.
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Reality CheckRevival requires billions in capital and serious partners. Spirit 2.0 builds the governance and legitimacy that real capital can plug into.
SPRT2 is a governance and utility token that records contributions and anchors the “IPO to the IPO” vision.
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Proof of ContributionContributions are mirrored in SPRT2, creating a transparent on‑chain record of early builders.
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Governance AccessSPRT2 holders gain access to the Community Assembly to help shape movement priorities.
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Priority EligibilitySPRT2 balances may serve as a priority signal in any future regulated offering, subject to legal approval.
SPRT2 is not equity and does not guarantee financial returns. It is a participation and governance credential inside the Spirit 2.0 ecosystem.
How Your Contribution Becomes Your Stake
Contributions are logged in the Founders Ledger and mirrored in SPRT2 — your verifiable record in the movement.
Support Spirit 2.0 via PayPal or Solana. Your contribution is recorded in the Founders Ledger.
Funds received are used to purchase SPRT2 on your behalf. Your token allocation is recorded in the Founders Ledger under your email address.
Register your receipt to be logged in the Founders Ledger and mirrored in SPRT2.
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Step 1 — ContributeSupport via PayPal or Solana to help fund legal, technical, and organizational groundwork.
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Step 2 — Ledger EntryLogged in the Founders Ledger — a transparent record of early supporters.
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Step 3 — SPRT2 MirroringMirrored in SPRT2, giving you a digital credential and governance access.
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Step 4 — Future EligibilityLedger and SPRT2 balances may serve as a priority signal in future regulated offerings, subject to legal approval.
The “IPO to the IPO” — your early presence is recognized when Spirit 2.0 reaches a formal offering.
Roadmap: From Viral Moment to People’s Airline
A long‑horizon project to build governance, legitimacy, and technical foundations for a real airline revival.
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Launch Spirit 2.0 Coin (SPRT2) on Solana and establish the Founders Ledger.
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Aggregate contributions, pledges, and on‑chain participation into a single, auditable record.
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Build public awareness via LetsBuySpiritAir.com and Spirit 2.0 channels.
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Engage aviation, securities, and bankruptcy counsel to design a compliant acquisition vehicle.
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Formalize a bicameral governance model: Community Assembly (SPRT2 holders) + Capital Council (institutional partners).
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Prepare for potential Reg CF / Reg A+ or other compliant offerings, if and when viable.
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Pursue acquisition of Spirit assets with serious capital partners.
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Deploy electric APUs, taxi systems, and hybrid‑ready architecture to cut fuel burn.
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Launch Spirit 2.0 as the first airline with a public on‑chain governance layer.
Key Questions
Key clarifications about what this movement and SPRT2 are — and what they are not.