Spirit Airlines warns it may not survive another year as stock plummets 40%

It hasn't been a great few years for Spirit Airlines. No matter how many asses it manages to squeeze into its too-small seats, the ultra-low-cost carrier can't seem to stay afloat. According to AP News, the company's flying banana livery may not be seen at airports for much longer:

Spirit Aviation Holdings, the budget carrier's parent company, says it has 'substantial doubt' about its ability to continue as a going concern over the next year — which is accounting-speak for running out of money.

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