Spirit Airlines eyes emergency bailout as fuel costs threaten survival

Spirit Airlines has reportedly asked the Trump administration for an emergency bailout to avoid liquidation as soaring fuel prices threaten its viability, with creditors warning of potential default. Executives are expected to meet Transportation Secretary Sean Duffy next week as the discount carrier, already in bankruptcy and pursuing debt reduction, could be forced to wind down if creditors pull the plug amid surging costs. Spirit did not comment, and the Department of Transportation declined to comment.