Spirit Airlines Files for Bankruptcy
Briefly

Spirit Airlines has filed for Chapter 11 bankruptcy protection, struggling to secure its financial footing after a failed merger and heavy debt, while assuring customers that their tickets and loyalty points remain valid.
Ted Christie, the airline's CEO, emphasized that the agreements reached with bondholders represent a strong vote of confidence in Spirit's future and long-term recovery strategy amidst their current financial adversity.
Read at www.nytimes.com
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