Feds May “Rescue” Troubled Spirit Airlines

WASHINGTON (AP) — President Donald Trump says his administration is still weighing a taxpayer-funded takeover of Spirit Airlines. Speaking to reporters on Friday, Trump emphasized that a deal to rescue the financially strapped airline remained under review. The president didn’t provide details but said an announcement could come as soon as later Friday or Saturday. Lawmakers from both parties and members of the Trump administration have criticized the idea of using taxpayer funds to keep the ultra-low cost airline afloat. Speculation around the likelihood of a deal emerging has mounted with every day that passes without a resolution as Spirit’s operating expenses and debts mount. An airline spokesperson declined to comment and said “Spirit is operating as usual.”