Spirit Airlines shutting down after rescue talks collapse

The earlier plan, which would have seen the US government take effective ownership of as much as 90% of the airline, faced stiff opposition from Wall Street, Capitol Hill and even a member of Trump's own cabinet. Transportation Secretary Sean Duffy told Reuters a rescue would amount to tossing "good money after bad". BBC - For more and to sign up click here To Return to the Main Aggregate News Page - click here