"Uncertain Future: Spirit Airlines Faces Bankruptcy Amid Blocked Merger"

Spirit Airlines faces an uncertain future after a federal judge blocked its sale to JetBlue, leaving the airline with $1.1 billion in debt and potential bankruptcy looming. Analysts are divided on the airline's prospects, with some predicting a Chapter 11 filing and liquidation, while others see a difficult path to profitability. The ruling against the merger also has implications for the airline industry as a whole, casting a shadow over future merger and acquisition activity.