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CNBC · GLOBAL ·

The budget airline model in the U.S. is running out of runway

As reported by CNBC
Spirit's bankruptcy as United and Delta fly high suggests there's more to success in airline industry than low fares, and failure isn't about jet fuel spikes.
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Spirit Airlines' potential bankruptcy signals the struggles of the budget airline model in the U.S. The success of carriers like United and Delta suggests that factors beyond just low fares are crucial for industry success. This trend indicates that rising jet fuel prices are…

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