Spirit Airlines Files for Second Bankruptcy in a Year Amid Ongoing Financial Struggles
Spirit Airlines has filed for Chapter 11 bankruptcy for the second time this year, reflecting persistent financial challenges in the aviation sector. The airline's struggles are exacerbated by dwindling cash reserves and increasing losses, indicating broader issues within the industry.
Spirit Airlines Files for Second Bankruptcy in a Year Amid Ongoing Financial Struggles
Spirit Airlines has filed for Chapter 11 bankruptcy for the second time this year, reflecting persistent financial challenges in the aviation sector. The airline's struggles are exacerbated by dwindling cash reserves and increasing losses, indicating broader issues within the industry.
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