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Credits: Spirit Airlines

Spirit Airlines negotiates $475m financing facility

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Embattled Spirit Airlines has negotiated a multi-tranche debtor-in-possession (“DIP”) financing facility of up to $475 million from its existing bondholders. The credit line will provide...

Flying To The US Is About To Get More Expensive: Here’s...

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Flying to the United States is about to get more expensive, as US Customs and Border Protection (CBP) is set to increase the application...
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