Donald Trump said on Friday that his administration has made a “final” bailout proposal to Spirit Airlines as the airline faces the possibility of liquidation without financial support. According to reports, discussions with bondholders this week have not resulted in an agreement so far.
People familiar with the matter said the administration had offered a $500 million loan last month that could have given the government up to a 90% stake in the Florida-based airline. However, negotiations have stalled as no deal has been reached.
