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Major airline planning Chapter 11 bankruptcy in coming weeks
The international airlines industry has been struggling since the Covid-19 stalled air travel beginning in 2020 with dozens of air carriers filing for bankruptcy since the pandemic began.
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Spirit Airlines CFO faces ‘uphill battle’ as airline navigates Chapter 11 process
He also served as CFO at ExpressJet Airlines. “I surmise his top priority now is the bankruptcy process, which is meant to buy time for the airline to try and improve its business results ...