Anabelle Colaco
03 May 2026, 21:44 GMT+10
WASHINGTON, D.C.: Bankrupt discount carrier Spirit Airlines is preparing to cease operations after failing to reach an agreement with certain bondholders and the U.S. government on a bailout plan, The Wall Street Journal has reported, citing people familiar with the matter.
Spirit Airlines and the White House did not immediately respond to requests for comment.
A rescue hearing scheduled for April 30 did not take place after talks over the terms of a potential US$500 million U.S. government bailout reached an impasse.
Get a daily dose of Switzerland Times news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Switzerland Times.
More InformationWASHINGTON, D.C.: U.S. President Donald Trump said on May 1 that he plans to raise tariffs on cars and trucks imported from the European...
DUBLIN, Ireland: The Supreme Court has ruled that TikTok can keep operating in Ireland while the country's data regulator continues...
DUBLIN, Ireland: In an interesting move, it has been suggested that retailers could help fund addiction support for serial shoplifters...
LONDON, U.K.: Europe is facing growing concerns over jet fuel supply as shipments from the Middle East, its largest external source,...
Brussels [Belgium] May 3 (ANI): In a resolution, the European Parliament strongly denounced China's newly enacted law on 'ethnic unity...
New Delhi [India], May 3 (ANI): Central banks globally are reassessing their policy trajectories after the Iran war pushed energy prices...
SIOUX FALLS, South Dakota: A recent change to Canada's requirements, which has led to a surge in applications from the United States,...
WASHINGTON, D.C.: Bankrupt discount carrier Spirit Airlines is preparing to cease operations after failing to reach an agreement with...
LONDON, U.K.: A day after an attacker stabbed two men in the street, British Jews in the north London suburb of Golders Green are...
SYDNEY, Australia: Hundreds of protesters in Australia clashed with emergency services personnel in a remote town after the arrest...
WASHINGTON, D.C.: Pushing an interpretation that would allow the White House to avoid seeking congressional approval, the Trump administration...
MEXICO CITY, Mexico: The U.S. Justice Department this week charged the governor of Mexico's Sinaloa state, Ruben Rocha Moya, and other...
