Spirit Airlines Is Gone — But Its $275M Airbus Sale Could Decide Who Gets Paid First
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Spirit Airlines has filed for bankruptcy for the second time in a year, citing persistent financial challenges. The airline is seeking to bolster its finances through a $275 million loan and is looking to sell some of its aircraft, potentially including an auction of 20 jets. The outcome of the sale, including a $275 million Airbus sale, may impact the order in which the airline's debts are paid.
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