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Breaking down Spirit's liquidation process - CBS News
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A lawyer for bankrupt Spirit Airlines said the rising outgo of substance "engulfed" the airline, drained its liquidity, and derailed its restructuring efforts. There's a consciousness of urgency to expedite the liquidation process due to the fact that lawyers accidental it would payment creditors and customers. Bob Allen, managing exertion of Nomadic Aviation Group, which handles backstage formation operations for the craft leasing industry, joins "The Daily Report" to discuss.
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