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Low-Cost Carrier Spirit Airlines Files for Bankruptcy | Business Matters (Nov. 18)

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Low-Cost Carrier Spirit Airlines Files for Bankruptcy | Business Matters (Nov. 18)
The Epoch Times
Business Matters
Nov-18-2024
Spirit Airlines filed for bankruptcy protection on Monday, after struggling with a long run of quarterly losses, a failed merger attempt, and upcoming debt maturities. Spirit, known for its bright yellow airplanes, is the first major U.S. airline to file for Chapter 11 since 2011.