US offers $500M bailout to Spirit Airlines amid funding disputes and potential shutdown.

The US government, under President Trump, proposed a $500 million bailout for Spirit Airlines to prevent its shutdown. The deal involves financing in exchange for warrants representing 90% of Spirit's equity. However, disagreements among bondholders and within the administration have stalled the agreement. An announcement is expected soon, but the airline's future remains uncertain as some key stakeholders oppose the bailout terms.