Spirit Airlines nears government bailout deal with Trump administration, reports say

Reports of a deal came after Trump signaled support for the budget air carrier as it struggles to exit its second bankruptcy amid high fuel costs.

WASHINGTON — The Trump administration is in advanced talks with Spirit Airlines as it looks to offer as much as $500 million to the struggling air carrier, multiple media outlets reported.

The New York Times, NBC News and CNBC reported Wednesday that the Trump administration was offering the deal to help the budget airline avoid liquidity and emerge from its second bankruptcy. The deal, according to reports, has not been finalized. 

President Donald

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