An entire airport is 'bankrupt in all but name'

The airport has seen airlines pull out and reported net losses for two years in a row. While the aviation industry is particularly prone to bankruptcies due to the sky-high cost of operations, the autumn months of 2025 brought with them a few major bankruptcy announcements in short succession. In the last days of August, low-cost carrier Spirit Airlines filed for bankruptcy for the second time in nine months after its earlier plans to restructure and bring in customers through higher fare… (www.thestreet.com) More...