Spirit Airlines Floats U.S. Equity Stake to Avert Liquidation
Spirit Airlines has floated offering the U.S. government an equity stake in the discount carrier to help stave off potential liquidation, according to people familiar with the matter.
The proposal would give the government an ownership position as Spirit seeks options to avoid liquidation.
From the sources (5 posts)
@businessSpirit has floated offering the US government an equity stake in the discount carrier to help stave off its potential liquidation, according to people familiar with the matter
@polymarketJUST IN: Spirit Airlines has reportedly floated offering the U.S. government an equity stake to get a bailout & avoid liquidation.
@stockmktnewzSpirit Aviation has floated offering the 🇺🇸 government an equity stake in the company to help save the company from a potential liquidation - Bloomberg
@exec_sumBREAKING: Bankrupt Spirit Airlines is seeking an equity bailout from the US government to avoid an imminent liquidation
@unusual_whalesSpirit Aviation has proposed giving the U.S. government an equity stake as part of efforts to avoid a potential liquidation, per Bloomberg.