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business19h ago
Airline Facing Collapse as $500 Million Trump Deal Falls Apart
Thedailybeast.com and 19 more
- Spirit Airlines has ceased operations, and bailout talks failed to produce a lifeline, prompting a looming restructuring.
- Bondholders and government talks faltered despite a final bailout proposal, ending rescue hopes for Spirit.
- Officials and creditors weighed a taxpayer-funded takeover as a potential path to preserve Spirit's operations, yet no agreement emerged.
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