Spirit Airlines Faces Imminent Shutdown as Bailout Talks Collapse

Spirit Airlines, a low-cost carrier already battered by financial woes, is on the verge of shutting down after negotiations for a $500 million federal bailout fell apart. The collapse of the rescue deal, reported this afternoon, leaves the airline with few options and a timeline of mere days before a potential cessation of operations. The […] The post Spirit Airlines Faces Imminent Shutdown as Bailout Talks Collapse appeared first on the deep dive.