OAN Staff Abril Elfi
5:48 PM – Monday, November 18, 2024
Spirit Airlines has filed for Chapter 11 bankruptcy protection due to financial struggles.
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On Monday, the airline announced the filing due to mounting losses and debt maturities.
The filing comes after two failed mergers in less than two years – one with Frontier recently and another with JetBlue earlier in 2024 – which left the ultra-low-cost carrier in a bind following consecutive quarterly…
