Reports: Spirit Airlines preparing to ‘cease operations’

The grim update for the struggling budget airline comes a week after President Trump considered a taxpayer takeover.

WASHINGTON — Several media outlets reported on Friday that Spirit Airlines is “preparing to cease operations.” CBS News says the company could close as early as Saturday, barring last-minute intervention.

On Friday morning, a firm representing Spirit Airlines declined to comment on the ongoing discussions and said that Spirit is “operating as usual.”

Speaking to reporters before departing the White House for Florida, Trump emphasized that a deal to rescue the financially strapped airline remained under

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