Spirit Airlines raises doubts about its ability to stay in business, months after exiting bankruptcy
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Corporate news Aviation news See all topics Facebook Tweet Email Link Link Copied! Follow Reuters — Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in its quarterly report on Monday. The
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