Trump administration in advanced talks for a rescue package for Spirit Airlines, source says

the trump administration is in advanced talks for a rescue financing package for spirit airlines, which is facing the risk of liquidation. the carrier filed for chapter 11 bankruptcy in august, its second filing in less than a year. president donald trump hinted at government aid on tuesday, telling cnbc "spirit's in trouble" and noting it's "14,000 jobs." a flight attendants union spokesperson said they are "hopeful that the government will recognize the needs for emergency funds." the terms of the deal aren't yet known. spirit had expected to exit bankruptcy this spring or summer by shrinking and focusing on high-demand routes. but jet fuel prices have nearly doubled in some parts of the u.s. since february, adding to its challenges. the airline had introduced premium options like extra-legroom seats to try to attract higher-spending customers.