Trump Administration Nears Rescue Deal for Spirit Airlines

By Mr. n
0 Min Read

Trump Administration officials Spirit Airlines Rescue

The Trump administration is reportedly close to a rescue deal for Spirit Airlines, according to sources.

The package could include up to $500M in financing and warrants that may give the government a potential equity stake. Terms are still being finalized and could change.

Advertisement
Advertise on CBN

Spirit, already working through bankruptcy challenges, is also facing pressure from rising jet fuel costs.

Share This Article
Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *