Spirit Airlines could get $500M bailout
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The Trump administration is discussing a $500 million rescue deal for Spirit, in which the government would own 90%.
Bankrupt Spirit Airlines is navigating "turbulent skies" and is expected to receive a federal government bailout of up to $500 million, according to sources familiar with the situation who spoke to CBS News Miami.
The Trump administration is discussing a $500 million rescue deal for Spirit Airlines that could leave the federal government owning up to 90% of the company.