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1 day ago

What a government stake in Spirit Airlines could mean for passengers and the industry

Travelers are unlikely to see major disruptions as the Trump administration reportedly moves closer to a bailout of bankrupt Spirit Airlines, industry experts say.Officials are discussing a roughly $500 million deal to help Spirit exit bankruptcy – an arrangement that could leave the federal government with up to a 90% stake in the low-cost carrier, Reuters reported.For most Americans, the situation is not expected to affect summer travel plans, according to aviation consultant Mike Boyd."Travelers don't have to worry," Boyd told FOX Business, calling the situation a "sideshow" for the average...

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1 day ago
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