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South Florida-based Spirit Airlines will cease all operations today, following extensive efforts to restructure the business. Locally, all flights in and out of Tampa International Airport and St. Petersburg-Clearwater International Airport have been canceled.
“Despite the Company’s efforts, the recent material increase in oil prices and other pressures on the business have significantly impacted Spirit’s financial outlook,” officials said in today’s announcement. “With no additional funding available to the Company, Spirit had no choice but to begin this wind-down.”
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