Spirit Airlines Is Preparing to Shut Down: Reports
The possible shutdown comes as negotiations over a bailout from the Trump administration have hit an impasse.
Meghna Maharishi is Skift’s Airline Reporter, where she covers everything from loyalty programs to policy-making in Washington, D.C. She previously covered the airline industry at The Points Guy, worked on the investigative desk at CNBC, and did data visualization at CNN Politics. Send tips to Meghna on Signal at mmaharishi.61.
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💰 Spirit’s $500M Bailout
Spirit Airlines appears to be close to receiving a $500 million lifeline from the government in a move that would be unprecedented for the airline industry.
Air New Zealand ‘Can’t Recover the Full Cost of This Fuel,’ CEO Says
In a region that has been hit hard by the fuel crisis, Air New Zealand CEO Nikhil Ravishankar told Skift that the company is “nervous about what the future holds.”
Trump Says He Wants the U.S. to Buy Spirit: Where Things Stand on the Bailout
As the terms of a bailout for Spirit are being finalized, President Donald Trump said on Thursday he was interested in the U.S. buying the airline and selling it for a profit once oil prices drop.
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