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The Guardian - US

World

Lauren Aratani in New York

White House close to deal of up to $500m to rescue ailing Spirit Airlines

Spirit Spirit Airlines White House United States Donald Trump Joe Biden Kush Desai Iran JetBlue

A bright yellow Spirit airlines plane — A Spirit Airlines jet at Fort Lauderdale-Hollywood international airport in Florida on 19 April. Photograph: Chris Beckett/Zuma Press Wire/Shutterstock

The White House is finalizing a financing package to help ailing US budget carrier Spirit Airlines, which could receive as much as $500m in loans as rising costs continue to plague the company.

News of the potential deal comes as Spirit and others struggle with soaring fuel costs due to the war with Iran.

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