Spirit weighs government stake in exchange for bailout
TL;DR
Spirit Airlines is seeking U.S. government aid to stay afloat amid a cash crunch, reportedly offering the government an equity stake in exchange for a cash infusion to cover rising fuel costs as it contends with bankruptcy issues and a risk of liquidation.
Topics:businessaviation#aviation#bankruptcy#equity-stake#government-bailout#jet-fuel-prices#spirit-airlines
- Spirit offers equity stake in exchange for US government aid, report says The Points Guy
- Struggling Spirit Airlines in Talks With Trump Administration on Government Investment WSJ
- Spirit Floats Government Stake to Avoid Possible Liquidation Bloomberg.com
- Spirit Airlines asks for bailout, what to do if you have trips booked The Palm Beach Post
- Spirit Airlines could liquidate as early as this week, sources say CNBC
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