Spirit Airlines Files Bankruptcy
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•Spirit Airlines files for bankruptcy
70% Informative
Spirit , the biggest U.S. budget airline, has lost more than $2.5 billion since the start of 2020 and faces looming debt payments totaling $1 billion over the next year .
Shares of Miramar , Florida -based Spirit dropped 25% on Friday , after The Wall Street Journal reported that the airline was discussing terms of a possible bankruptcy filing with its bondholders.
VR Score
77
Informative language
79
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54
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formal
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English
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51
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short-lived
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