Published 4 months ago • loading... • Updated 4 months ago

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

Spirit Airlines has filed for bankruptcy protection after facing mounting losses.
The filing indicates financial struggles experienced by the airline.
Spirit Airlines is known as a budget travel icon.
Bankruptcy protection can provide the airline with a chance to restructure.

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Spirit Airlines Files For Bankruptcy: See GA Holiday Flights Impacts

Spirit Airlines Files For Bankruptcy: See GA Holiday Flights Impacts - Atlanta, GA - Spirit Airlines sought bankruptcy protection ahead of the Thanksgiving holiday. See what to know in Georgia.

4 months ago·United States

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The Epoch Times

Major US Health Network Files for Bankruptcy

Miami, Florida-based CareMax health care network filed for bankruptcy on Sunday after reportedly being unable to pay back loans amid rising interest rates and other inflationary pressures. CareMax filed its Chapter 11 petition in the U.S. Bankruptcy Court for the Northern District of Texas. The company listed assets in a range of $100 million to $500 million, liabilities between $500 million and $1 billion, and the number of creditors between 5,…

4 months ago·New York, United States

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World Socialist Web Site

Discount carrier Spirit Airlines files for bankruptcy as restructuring of global airline industry accelerates

Although corporate executives, union officials and the media claimed there would be no effect on normal operations, the bankruptcy filing is a prelude to a savage cost-cutting campaign.

4 months ago·United States

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sherwood.news

Spirit files for bankruptcy as no-frills carriers struggle to capitalize on the travel boom

Low spirits… , known for budget fares and bare-bones service, became the first major US carrier to file for bankruptcy in over a decade. Despite all the extra fees it charges for bags, seat selection, and...

4 months ago

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Irish Independent

America’s Spirit Airlines files for bankruptcy protection

Spirit Airlines said it has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused fall in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline to JetBlue.

4 months ago·Ireland

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