Spirit Airlines Bailout Deadline: Trump’s $500 Million Rescue Stalls While Flights Keep Running
Spirit Airlines postponed its bankruptcy hearing as talks over a possible U.S. government rescue continued and no financing motion was filed. Flights remain operational and tickets are still being sold. The proposed bailout could give Washington up to a 90% stake after bankruptcy, but creditor resistance persists. The White House said options are under review, while other carriers are seeking broader relief.