CNBC
US · 1 hrs ago
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Spirit Airlines CEO on carrier's collapse: 'We just kind of ran out of runway'
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Spirit Airlines ceased operations on Saturday, marking the end of the U.S. discount carrier's nearly 30-year history. The airline's CEO described the shutdown as running out of financial runway, reflecting years of financial struggles and competitive pressures in the industry.
Spirit Airlines CEO on carrier's collapse: 'We just kind of ran out of runway'
Spirit Airlines shut down before dawn on Saturday ending its run as the most famous U.S. discount airline.
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