Trump Admin Nears Possible Rescue Deal For Spirit Airlines As 14,000 Jobs At Risk
Trump Admin Nears Possible Rescue Deal For Spirit Airlines As 14,000 Jobs At Risk The Wall Street Journal reports that the Trump administration is nearing a rescue deal for bankrupt Spirit Airlines that could include up to a $500 million loan in exchange for warrants that would give the federal government a potentially large equity stake. The WSJ noted that the Transportation and Commerce Departments are involved in talks to help save struggling Spirit, which faces the risk of im...
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