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America One News
America One News
28 Dec 2024

#economy

The Epoch Times: How Massive Debt, Stiff Competition Dashed Spirit Airlines
How Massive Debt, Stiff Competition Dashed Spirit Airlines
Spirit Airlines has filed for Chapter 11 bankruptcy, seeking to reorganize and pay back creditors amid significant financial losses. The airline's liabilities far exceed its assets, and it has not turned a profit since 2019. Industry experts suggest that the reorganization may lead to its eventual liquidation.

If Spirit fails, the competitive pressure it exerted on ticket prices may diminish, potentially leading to higher fares across the industry. While the demand for low-cost travel remains, the challenges for new ultra-low-cost carriers to enter the market are substantial due to the dominance of established airlines.


#crime

Fox News: 'You should expect to be shot': Florida homeowner fatally guns down masked intruder, scares off another
'You should expect to be shot': Florida homeowner fatally guns down masked intruder, scares off another
A Florida homeowner shot and killed one of two masked intruders attempting to break into his home. The deceased, Jorge Nestevan Flores-Toledo, was identified as a Mexican national, while the second suspect, Michel Soto-Mella, an illegal immigrant from Chile, faces armed burglary charges.

Sheriff Rick Wells emphasized that intruders in Florida should "expect to be shot." Authorities are investigating the incident and the backgrounds of the suspects, with Flores-Toledo having a prior criminal record. The homeowner's identity remains undisclosed, and it is unclear if he will face any charges.


#sports

GB News: Tiger Woods and son Charlie smash record at PNC Championship despite finishing runners-up
Tiger Woods and son Charlie smash record at PNC Championship despite finishing runners-up
Tiger Woods and his son Charlie set a new viewership record at the PNC Championship, with the first round averaging 2.92 million viewers, a 147% increase from last year. They finished as runners-up after a playoff against Bernhard Langer and his son.

Despite the loss, Woods expressed gratitude for the experience shared with Charlie, highlighting the joy of family bonding in competitive golf. This marked Woods' first competitive action since July following back surgery.