Since the start of 2020 the airline has lost more than $2.5 billion and has built up looming debt payments in 2025 and 2026 which total more than $1 billion.
The low-cost airline filed for bankruptcy protection Monday. It will continue to operate as it seeks to restructure its debt.
How will it impact Spirit AeroSystems?
In an effort to recover from financial troubles, Boeing lays off hundreds of workers. How will it impact Spirit AeroSystems?
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