economy

May 4, 2026

Why the Spirit Airlines federal bailout didn't happen

Alison Sider, a reporter for The Wall Street Journal, joins CBS News 24/7 to share details on why the Spirit Airlines bailout deal didn't go through ahead of the airline shuttering early Saturday morning.

Why the Spirit Airlines federal bailout didn't happen

TL;DR

  • Spirit Airlines shut down early Saturday morning.
  • A federal bailout deal for Spirit Airlines did not go through.
  • Alison Sider of The Wall Street Journal discussed the failed bailout on CBS News 24/7.