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Spirit Airlines Bankruptcy: Jet Fuel Spike Triggers 3rd Chapter 11
Spirit Airlines Bankruptcy looms as jet fuel doubled to $4.88/gallon amid US-Israel/Iran war since Feb 28, 2026, pushing the ultra-low-cost carrier toward a third Chapter 11 filing this week per CNBC/Bloomberg sources. After two bankruptcies in a year (Nov 2024-Mar 2025, Aug 2025) and failed JetBlue merger, Spirit’s $360M projected profit flips to losses…