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Megan Cerullo
Reporter, MoneyWatch
Megan Cerullo is a New York-based reporter for CBS MoneyWatch covering small business, workplace, health care, consumer spending and personal finance topics. She regularly appears on CBS News 24/7 to discuss her reporting.
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Kris Van Cleave
Kris Van Cleave
Emmy Award-winning journalist Kris Van Cleave is the senior transportation correspondent for CBS News based in Phoenix, Arizona, where he also serves as a national correspondent reporting for all CBS News broadcasts and platforms.
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Sarah Ploss
Updated on: May 2, 2026 / 11:16 AM EDT / CBS News
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The Spirit Airlines shutdown will ripple through commercial aviation, likely raising higher fares as the budget carrier exits the market, industry experts said.
"Any time you have a reduction in capacity and demand increases, airfares have nowhere to go but up.…