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[-]  19-11-24 17:02

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Spirit Airlines Files For Bankruptcy
Spirit Airlines has filed for bankruptcy protection and will attempt to reboot as it struggles to recover from the pandemic-caused swoon in travel, stiffer competition from bigger carriers, and a failed attempt to sell the airline to JetBlue. From a report: Spirit, the biggest U.S. budget airline, filed a Chapter 11 bankruptcy petition after working out terms with bondholders.
The airline has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling more than...

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