Not much to it, just a breaking news announcement. Don't think WSJ would publish this if they didn't have solid info. Sorry guys.


Spirit Airlines is preparing to cease operations.

The ailing budget airline had been hoping to finalize a $500 million lifeline from the government before running out of cash. The discount carrier hasn’t been able to get sufficient support between certain bondholders and the government to secure the funding to keep it in business, people familiar with the matter said.
—This article will be updated as the news develops.