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flag A major U.S. airline collapsed, canceling all flights due to debt and falling demand, marking the first such failure since 2020.

flag A major U.S. airline has entered administration, resulting in the cancellation of all domestic and international flights. flag The carrier, which has not been named in the report, cited unsustainable debt and declining passenger demand as key factors. flag Employees are being notified of job losses, and passengers are advised to contact the airline for refunds or rebooking options. flag The Federal Aviation Administration confirmed the airline’s operating license remains active but warned of ongoing disruptions. flag This marks the first major airline collapse in the U.S. since 2020.

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