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Spirit Airlines files for bankruptcy again, facing high debt despite plans to operate normally.
Spirit Airlines, a budget carrier, has filed for bankruptcy protection for the second time in less than two years, although it plans to operate normally, allowing passengers to book flights and use tickets and loyalty points. The company's previous Chapter 11 filing aimed at reducing debt, but it continues to struggle with high costs and debt, with recent reports expressing doubt about its long-term viability.
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