As reports suggest bankruptcy is on the horizon for Spirit Airlines (SAVE), the company isn’t saying much. In fact, the one thing Spirit Airlines is saying is that it can’t say what’s going on; the company told investors it won’t be able to put together a quarterly earnings filing.

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Spirit Airlines (SAVE) stock was sinking sharply to barely above $1 per share early Wednesday, after a report late Tuesday indicated that the ultra-low-cost carrier is preparing to file for bankruptcy.

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