Spirit Airlines prepares to cease operations amid financial struggles and high oil prices

Company had struggled to increase post-pandemic demand before war in Iran pushed up jet fuel costs Sign up for the Breaking News US email to get newsletter alerts in your inbox Spirit Airlines is preparing to cease operations after the beleaguered company ran out of cash and a rescue attempt by the Trump administration appeared to stall. The company struggled to make a deal with its creditors and secure funding to maintain operations, according to a Wall Street Journal report citing people fam

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