Spirit Airlines may shut operations within 24 hours
US-based budget airline Spirit Airlines is planning on shutting operations imminently.
The US government has put forward a bailout package of approximately 700 million dollars to save the airline.
Negotiations have stalled as stakeholders are reportedly opposing some of the proposed terms needed to secure the deal.
Members of the Trump administration believe the company could cease operations within 24 hours.
Spirit Airlines hasn’t turned a profit since before the pandemic in 2019.
