Trump Administration Nears $500 Million Spirit Rescue As Iran Fuel Shock Hits Airlines

Briana Lupea

The Trump admin is in advanced talks about a potential rescue of low-cost carrier, which is struggling to exit bankruptcy, people familiar with the matter told Reuters. WASHINGTON, April 22 (Reuters) - The Trump administration is nearing a deal to rescue low-cost carrier Spirit Airlines that could include up to $500 million in government-backed financing to help it keep operating through bankruptcy, three people familiar with the matter told Reuters. The package would likely be a loan to keep