Spirit Aviation Holdings Inc. (OTC:FLYYQ) could reportedly halt operations within days as the creditors raise doubts about the company’s ability to clear dues.
Spirit To Liquidate?
On Thursday, CBS News reported that the airline could halt its operations within the coming days, raising questions about the passengers who might have already booked their tickets on Spirit flights. The airline had earlier filed for bankruptcy amid post Covid-19 struggles.
Spirit Airlines didn’t immediately respond to Benzinga‘s request for comment.
The war in Iran has led to a surge in fuel costs, which is said to be the reason behind the reported liquidation. According to data from Airlines for America, the price of a gallon of jet fuel on Thursday was $4.32, which, while lower …
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