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Budget travel icon Spirit Airlines files for bankruptcy protection after mounting losses

  • Spirit Airlines has filed for bankruptcy protection amid significant losses of over $2.5 billion since 2020, as stated by the airline.
  • The airline will continue operations normally while undergoing a prearranged Chapter 11 bankruptcy process, ensuring customer bookings remain unaffected.
  • Spirit aims to restructure its debt to enhance financial stability and improve travel experiences for guests, as mentioned in their announcement.
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61% Center
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