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The Independent UK
The Independent UK
Business
Mike Bedigan

Another low budget airline files for bankruptcy – following in Spirit’s steps

Spirit Magnicharters Spirit Airlines The Street Dave Davis Mexico City

Another low budget airline has filed for bankruptcy, following in the footsteps of the beleaguered Spirit Airlines which shut down operations earlier this month.

Magnicharters, a low-cost Mexican carrier, filed for bankruptcy protection earlier this week in the First District Court in Mexico City, according to The Street.

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