Is it even possible for the company to change the business model though?

I'm kinda half joking and half serious. Before the pandemic I actually believed that our economy was based off of free market capitalism, but honestly I'm not so sure anymore. At this point it seems that the government is able to meddle freely in anything and everything without pushback.

Like if Spirit decided to switch to a model akin to Southwest, does anyone else feel like the government could step in and force us to stay a ULCC?

I feel like Judge Young was hinting at it in a roundabout way. SPIRIT WILL FLY THE POORS AND THEY WILL LIKE IT!