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Nov 15 (Reuters) - Fitch Ratings said on Friday it has downgraded Spirit Airlines' long-term credit rating to 'CC' from 'CCC'.
A near-term default now appears probable, Fitch said.
It said that the key rating drivers were the company's constrained financial flexibility, shrinking footprint and low aircraft availability.
(Reporting by Aishwarya Jain in Bengaluru; Editing by Shailesh Kuber)
((Aishwarya.Jain@thomsonreuters.com;))
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