Spirit Airlines files second bankruptcy and will cut service

Beginning in October, the budget airline will end service in 11 U.S. cities, including Portland and Salt Lake City, according to The Points Guy. They're Spirit’s first cuts as the airline re-enters the chapter 11 bankruptcy process, its second filing in a year. The company filed for bankruptcy protection in November, making it the first major U.S. carrier to file for Chapter 11 since 2011. The company emerged from bankruptcy in March after a court approved restructuring backed by creditors. Then in August, Spirit raised major concerns about its ability...