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The Independent UK
The Independent UK
Travel
Erin Keller

Spirit Airlines warns it could soon go out of business as Americans shy away from trips

Spirit Airlines warned Monday that despite emerging from bankruptcy and pursuing new revenue streams, it may not be able to stay in business over the next year.

Just five months after emerging from Chapter 11 bankruptcy, its parent company, Spirit Aviation Holdings, says there is "substantial doubt" about the airline’s ability to continue operating over the next year, according to its quarterly report published Monday.

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