Bloomberg
• Allyson Versprille, Siddharth Philip, Soma Biswas, Sri Taylor
Spirit Airlines faces potential imminent liquidation as fuel-price spike undermines Chapter 11 exit
Reports say Spirit Airlines could liquidate as early as this week, after high jet-fuel prices have made it harder to execute the carrier’s post-bankruptcy plans. The move would effectively derail its attempt to exit Chapter 11 again, following a second filing within roughly a year.
