Spirit Airlines Could Shut Down As Soon As Saturday

TL;DR

Spirit Airlines may cease operations as soon as Saturday.
Negotiations for a $500 million government aid package are stalled due to bondholder objections.
The Trump administration is not expected to make a last-minute intervention for a bailout.
President Trump stated the administration was looking into a bailout and had a final proposal.
Spirit Airlines continues normal operations while awaiting a decision.
Employees are waiting for official communication regarding the airline's fate.
A shutdown could lead to higher airfares and disrupt ticket-holders.
Spirit Airlines serves over 40 U.S. cities and international destinations in Central and South America.
Its main hub is at Fort Lauderdale-Hollywood International Airport in Florida.

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