Spirit Airlines files bankruptcy after drowning in $1.1 billion debt – expert warns to brace for higher airfares ...Middle East

CONSUMERS are bracing for higher prices and less choice on airfares following the collapse of Spirit Airlines, experts have warned, with costs projected to rise by up to 20%. Spirit Airlines filed for bankruptcy on November 18 citing in a court filing at least $1 billion of debt. GettySpirit Airlines filed for bankruptcy on November 18[/caption] Jesse NeugartenDollar Flight Club CEO Jesse Neugarten says travelers will face higher airfares and less choice when buying flights[/caption] GettySpirit Airlines was known as a ‘no frills’ airline where passengers can pay extra for add-ons such as luggage and food onboard[/caption] The filing comes just a week ahead of the bu

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Spirit Airlines files bankruptcy after drowning in $1.1 billion debt – expert warns to brace for higher airfares ...Middle East

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