
Paddle Your Own Kanoo
Spirit Airlines Issues Urgent Warning: ‘Substantial Doubt’ Carrier Can Continue As A Going Concern
Spirit Airlines has warned investors that its very existence is in jeopardy and that there is “substantial doubt” that the company can continue as a going concern within the next 12 months. The warning comes just months after the Florida-based ultra-low-cost carrier successfully exited a pre-packaged Chapter 11 bankruptcy, which...