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Spirit Airlines shuts down operations after bailout talks White House break down
ӣƵ’ Chanley Painter reports on Spirit Airlines’ shutdown after talks with the White House broke down.
Spirit Airlines announces its immediate shutdown after bailout talks with the White House fail, impacting 9,000 total flights and 60,000 potential passengers by May 30. The low-cost carrier's statement blames recent material increases in oil prices and other business pressures. President Trump confirmed offering a final proposal to save jobs but cited a failed "good deal."
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