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Veteran Pilot Warns Spirit Airlines Faces Familiar Bankruptcy Risks
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Veteran Pilot Warns Spirit Airlines Faces Familiar Bankruptcy Risks
WASHINGTON, D.C. — A veteran airline pilot is warning that Spirit Airlines (NYSE: NK) could be approaching a critical inflection point in its Chapter 11 restructuring, raising concerns that the carrier may be headed toward the same liquidation outcome that has ended other airline bankruptcies in the past. The warning follows a public appeal from the Air Line Pilots Association, International (ALPA), which urged Spirit’s bondholders to continue f…
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