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Spirit Airlines’ Potential Bankruptcy Filing Looms

Summary by blkalerts.com
The largest U.S. budget airline, Spirit Airlines, is allegedly contemplating bankruptcy. The Wall Street Journal reports that this development comes on the heels of failed merger talks with Frontier Airlines, leaving Spirit Airlines in a precarious financial position. The Miramar, Florida-based company has accumulated losses exceeding $2.5 billion since the onset of 2020, a period marked by unprecedented challenges for the airline industry due t…
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