Things aren’t looking too good for Spirit Airlines.
Spirit Airlines, known for its cheap flights and fights (we’ll get into that later), is in a major financial crisis.
The airline is facing liquidation by its creditors and has sought an emergency bailout from the White House.
CBS News reported more on Spirit Airlines’ financial demise:
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Spirit Airlines has approached the Trump administration about an emergency bailout to keep the beleaguered discount carrier in business and avoid liquidation due to skyrocketing fuel prices, CBS News has learned.
“Spirit is looking for a lifeline,” a source familiar told CBS News.
Some Spirit creditors have questioned the airline’s ongoing viability and are concerned the airline will not be able to make an upcoming multimillion-dollar debt payment
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