President Donald Trump said on Friday he delivered a final proposal in an attempt to keep Spirit Airlines from folding. He said an announcement on the result could come soon after the White House made its most recent offer to Spirit and creditors.
“We’re looking at it. If we could do it, we’ll do it. But only if it’s a good deal,” he said earlier Friday, speaking to reporters before departing the White House for Florida. He reiterated he would like to save the 14,000 jobs at the carrier.
Spirit has faced prolonged financial issues. The Florida-based carrier has been in Chapter 11 bankruptcy since last summer and had attempted to restructure earlier this year—which entailed continuing service with streamlined operations….