Spirit Airlines could shut down as soon as Saturday

Spirit Airlines is making plans to cease operations arsenic soon arsenic Saturday, barring past infinitesimal intervention, CBS News has learned.  

Negotiations implicit a $500 cardinal dollar authorities assistance bundle remained stalled aft bondholders balked astatine the terms.

U.S. officials archer CBS News they are tracking this closely. 

The airline's disposable currency connected manus was expected to past lone a substance of days, CBS News antecedently reported.

Spirit continues mean operations Friday, and sources stress the airline's absorption remains connected safely completing those flights.

A spokesperson for the bankrupt hose declined to remark connected the ongoing discussions, saying lone that "Spirit is operating arsenic usual."

This is simply a processing communicative and volition beryllium upated.

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