Spirit Airlines Nears Bankruptcy Bailout From Trump Administration

Source: NBC News Politics · Bias: Center Left

Summary

As airlines raise flight costs and fees ahead of the summer travel season, the Trump administration is working on a rescue deal to help the struggling Spirit Airlines. While not finalized, a source familiar with the matter tells NBC News the deal would provide $500 million to help the budget airline emerge from bankruptcy and deal with elevated fuel costs. NBC’s Brian Cheung reports for TODAY.

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Spirit Airlines Nears Bankruptcy Bailout From Trump Administration
NBC News Politics

Spirit Airlines Nears Bankruptcy Bailout From Trump Administration

Center Left

As airlines raise flight costs and fees ahead of the summer travel season, the Trump administration is working on a rescue deal to help the struggling Spirit Airlines. While not finalized, a source familiar with the matter tells NBC News the deal would provide $500 million to help the budget airline emerge from bankruptcy and deal with elevated fuel costs. NBC’s Brian Cheung reports for TODAY.