Spirit Airlines, the Florida-based ultra-low-cost carrier known for its bright yellow planes, has turned to the Trump administration for an emergency government bailout as it faces the prospect of complete liquidation. The request is for hundreds of millions of dollars in emergency funding — a last-ditch attempt to survive a fuel crisis that has wiped out the airline's restructuring plan before it had a chance to take hold.
A source familiar with the matter said that the airline is 'looking for a lifeline.' Airline industry analyst Henry Harteveldt put it more bluntly, saying: 'Spirit is flying on financial fumes.'
