Spirit Airlines Preparing to Shut Down After Failing to Secure $500M Bailout

Spirit Airlines is preparing to shut down after failing to strike a government deal for a $500 million lifeline. Some of the investors that Spirit owed money to opposed the terms of the bailout because it would have left them in a worse financial position if the airline eventually failed. The post Spirit Airlines Preparing to Shut Down After Failing to Secure $500M Bailout appeared first on Danny