Trump Pushes for Plan to Save Spirit Airlines
George Ferguson, Bloomberg Intelligence Senior Aerospace, Defense, & Airlines Analyst, breaks down the latest earnings from Boeing and United Airlines. He also reacts to news that the US government is close to a rescue package for Spirit Airlines. The Trump administration is nearing a rescue package for Spirit Airlines that could give the US government the option to own as much as 90% of the carrier once it emerges from bankruptcy, according to people familiar with the matter. The agreement, which has not yet been finalized, would offer as much as $500 million in financing in exchange for warrants to purchase up [See More…]
