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Spirit Airlines reported a devastating $245.8 million loss on $1.02 billion in revenue for Q2 2025, burning through cash so fast that management warned of potential collapse within a year. We examine how the ultra-low-cost airline's post-bankruptcy optimism crumbled under weak demand, credit card processing threats, and a business model that may no longer work in today's aviation market. Plus: Tesla seeks a robotaxi operator in NYC and Starbucks Korea wants to clean out loiterers.
Join our host Jon Weigell as he takes you through our most interesting stories of the day.
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