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MarcelitoPomoy | ANAK Concert, Biloxi, MS
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Local News
Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom
SUMMARY: Spirit Airlines has filed for Chapter 11 bankruptcy seeking to restructure amid significant losses and competition from larger carriers. The airline has lost over $2.5 billion since 2020 and faces a billion-dollar debt due in 2025 and 2026. Despite the bankruptcy, Spirit assured normal operations for bookings and employee payments. The company secured a $350 million investment and converted $795 million in debt to equity. Rising costs and lower fares have tarnished Spirit’s profitability, compelling them to alter their business model, including bundled fares, in an attempt to stay competitive in a challenging market.
The post Spirit Airlines files for bankruptcy as financial losses pile up and debt payments loom appeared first on www.wxxv25.com
Local News
Celebrate the holidays in Ocean Springs with free, festive activities for the family
SUMMARY: Ocean Springs, MS, is excitedly preparing for the holiday season with a series of festive events starting on November 22, featuring Pink Friday specials to promote local shopping. Community activities include the annual Tree Lighting with Santa on December 5, a Holiday Open House on December 6-7, and the Silent Light Festival on December 7 from 5:30-10 p.m. The city will host a parade on December 8 for the Discover Christmas Toy Drive, encouraging toy donations. For event details, contact the Ocean Springs Chamber of Commerce or visit their website.
The post Celebrate the holidays in Ocean Springs with free, festive activities for the family appeared first on www.wxxv25.com
Local News
Introducing our WXXV Student Athlete of the Week, St. Patrick’s very own Michael Baty!
SUMMARY: This week’s WXXV Student Athlete of the Week is Michael Baty, a senior captain of the St. Patrick Catholic boys’ soccer team, who has played soccer since childhood. The team is off to a strong start, remaining undefeated with 27 goals scored and only one allowed. Baty has been instrumental in their success, leading with nine goals and demonstrating a willingness to play any position to support the team. He is driven by a passion for soccer and aims to excel at the collegiate level, as he has dreams of becoming a professional player. Baty’s leadership inspires his teammates and sets a positive tone for younger players.
The post Introducing our WXXV Student Athlete of the Week, St. Patrick’s very own Michael Baty! appeared first on www.wxxv25.com
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