Spirit Airlines' discussions over a potential $500 ​million U.S. government rescue financing have ‌hit an impasse, Bloomberg News reported on Tuesday, citing sources.

Monday on the RCP podcast, Andrew Walworth pointed out that President Trump's logic for having the federal government consider buying bankrupt Spirit Airlines is the same as New York City Mayor Mamdani's argument for city-operated,

Spirit Airlines isn't a compelling investment, but the story includes all the important details reshaping the commercial airline industry today.

President Donald Trump’s desire to “just buy” bankrupt Spirit Airlines has spurred division among his advisers and drawn backlash from members of his party who argue that Republicans would be

The carrier's insolvency would seriously disrupt the market in a few key ways.

The Trump administration is negotiating a $500 million bailout for Spirit Airlines Inc to keep the struggling carrier from collapsing. Trump has publicly backed the intervention, framing it as a matter of saving thousands of jobs.

In a meeting with Transportation Secretary Sean Duffy and Federal Aviation Administration chief Bryan Bedford, the airlines discussed a plan to stay afloat.

The Shark Tank star and multimillionaire investor says the Trump administration's reported $500 million rescue plan props up "bad management" and undermines the free market.