00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Spirit Airlines is in talks with the Trump administration about potential government aid,
00:07including a possible U.S. investment, according to The Wall Street Journal.
00:11The airline filed for bankruptcy in August after a prior filing in late 2024 failed to resolve its
00:17financial issues. Spirit is working to sell aircraft and refocus on core cities while
00:22restructuring under a February creditor agreement. Jet fuel prices more than doubled following the U.S.
00:28and Israel's war on Iran, which could increase costs by $360 million if sustained. Spirit reported
00:34$704.9 million in cash at the end of February. Lenders have objected to its exit plan,
00:40citing fuel price risks. For all things money, visit Benzinga.com.
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