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Spirit Airlines Faces Antitrust Appeal and Financial Challenges
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Spirit Airlines and JetBlue Airways face challenges as Spirit appeals a judge's ruling blocking its merger with JetBlue on antitrust grounds. Despite this, Spirit Airlines' shares show signs of recovery despite concerns about potential bankruptcy and liquidation.
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How might the antitrust appeals impact the aviation industry's competitiveness?
How might the potential bankruptcy of Spirit Airlines affect investor confidence and the broader economy?
What strategies could Spirit Airlines employ to overcome its financial challenges?
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