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Spirit Airlines Files for Chapter 11 Bankruptcy

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the staff of the Ridgewood blog

Newark NJ, Spirit Airlines, a prominent low-cost carrier, that services Newark Airport has filed for Chapter 11 bankruptcy protection, making it the first major U.S. airline to do so in over a decade. The filing comes after a tumultuous few years marked by financial strain, operational challenges, and a blocked merger attempt with JetBlue Airways.

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