How the airline industry could be impacted if Spirit Airlines is liquidated - NPR
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The Trump administration is having advanced discussions with Spirit Airlines about a potential bailout loan of up to $500 million in exchange for warrants that would allow the government to take an ownership stake in the company, sources tell CBS news.
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CBS News' Shanelle Kaul has more.
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Spirit Airlines nears deal with Trump administration for $500 million rescue package - NBC News.
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Spirit Airlines nears deal with Trump administration for $500 million rescue package NBC NewsTrump administration in advanced talks for Spirit Airlines rescue package, sources say
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Spirit Airlines near deal with Trump administration for $500 million rescue package.
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Spirit Airlines, a discount carrier, has filed for Chapter 11 bankruptcy twice in under a year.
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The negotiation comes after President Trump publicly said he wanted his administration to look at a rescue package for the budget carrier.
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How the airline industry could be impacted if Spirit Airlines is liquidated
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Summary
**Summary:** The Trump administration is reportedly having advanced discussions with Spirit Airlines about a potential bailout loan of up to $500 million, which would allow the government to take an ownership stake in the company. This comes after President Trump publicly expressed interest in looking into a rescue package for the budget carrier. **Why It
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