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Low-cost airline leaves international airport, cancels all flights

TheStreet•Thursday, October 23, 2025 at 2:17:00 PM
NegativeFinancial Markets
Low-cost airline leaves international airport, cancels all flights
The recent turmoil in the low-cost airline sector has taken a significant turn as Spirit Airlines filed for bankruptcy for the second time in just nine months, while Scandinavian carriers Play and Braathens have ceased operations altogether. This situation has left thousands of travelers stranded at various airports, highlighting the challenges faced by budget airlines in a tough economic climate. The impact of these closures is profound, affecting not only the airlines but also the passengers who rely on affordable travel options.
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