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International Business Times
International Business Times
Business
Demian Bio

Bailout Talks Between Trump Admin And Spirit Airlines Reportedly Stall As Company Faces Cash Crunch

Spirit Spirit Airlines Donald Trump Ava CBS News
Spirit Airlines only has cash to continue operations for days.

Bailout talks between the Trump administration and Spirit Airlines have reportedly stalled as the company faces an acute cash crunch that could see it run out of cash within days.

President Donald Trump has confirmed that the government is considering a $500 million package to rescue the company in exchange for a 90% stake.

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