in-cyprus
Spirit Airlines shuts down, industry’s first Iran war casualty
By Newsroom

Bankrupt discount carrier Spirit Airlines FLYYQ.PK ceased operations on Saturday, the industry’s first casualty linked to the Iran war, after failing to secure creditor support for a U.S. government bailout plan. The collapse of the first carrier due to a doubling in jet fuel prices during the two-month-old Iran war will cost thousands of jobs. […]