May 1 (Reuters) – Bankrupt discount carrier Spirit Airlines is preparing to cease operations around 3 a.m. on Saturday (0700 GMT), two people close to the discussions, who declined to be named as the information is private, told Reuters late on Friday. One of the people said that Spirit board meeting ended without an agreement […]
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Spirit Airlines prepares to cease operations overnight, sources say
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May 1 (Reuters) – Bankrupt discount carrier Spirit Airlines is preparing to cease operations around 3 a.m. on Saturday (0700 GMT), two people close to the discussions, who declined to be named as the information is private, told Reuters late on Friday.
One of the people said that Spirit board meeting ended without an agreement to rescue the company.
(Reporting by Sabrina Valle in New York and Shivani Tanna in Bengaluru; Editing by Stephen Coates)