Spirit Airlines files for bankruptcy protection for second time in a year - short news
Low-cost carrier experiences dwindling cash and mounting losses as recovery further hit by Trump tariffs
US no-frills pioneer Spirit Airlines filed for fresh chapter 11 bankruptcy protection on Friday, as dwindling cash and mounting losses derailed its turnaround efforts since emerging from a previous Chapter 11 reorganization in March.
The carrier, recognizable by its bright yellow jets, has struggled to steady operations since emerging from its first bankruptcy in March...
source: The Guardian - 29.08.2025