Spirit Airlines Struggles To Regain Altitude As Competitors Soar, Bankruptcy Concerns Intensify

Spirit Airlines Inc SAVE is facing turbulent skies ahead. While the broader airline industry is flying high, Spirit's financial woes are pushing it toward a potential bankruptcy. With debt piling up and its stock plummeting, the budget carrier is now fast-tracking the retirement of its Airbus A319 fleet. Investors are left wondering: Can Spirit pull off a turnaround, or is this the beginning of the end? What Happened? Spirit Airlines is expediting the retirement of its Airbus A319 fleet, with final flights ...