Spirit Airlines could shut down as soon as tomorrow, source says

Spirit Airlines could shut down as soon as tomorrow, a source says, as talks with the Trump administration about a bailout fail to reach a deal

Spirit Airlines could shut down as soon as tomorrow without a last-minute intervention, a source familiar with the matter tells NBC News.

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As of Friday afternoon, discussions about a rescue of the troubled budget carrier were ongoing. Earlier in the day, President Donald Trump said the White House had given Spirit Airlines "a final proposal" for a federal bailout to save it, but cautioned he was reluctant to risk taxpayer funds on a business that has already been through two bankruptcies.

A Spirit spokesperson declined to comment on ongoing discussions and told NBC News that the airline was operating as usual.