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Stock impact report

Spirit Airlines reached out to Trump administration for emergency bailout [Yahoo! Finance]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
Company Research Source: Yahoo! Finance
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 due to surging fuel prices, raising the possibility that the carrier could be forced into liquidation in the near future. Spirit executives and other low-cost carriers are expected to meet with Transportation Secretary Sean Duffy next week. Duffy regularly meets with and checks in with all of the discount carriers, including Frontier, Allegiant, Avelo and Spirit. The Air Current was the first to report the news about Spirit Airlines seeking government assistance. Spirit has not responded to CBS News' requests for comment. The Depa Show less Read more
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