Bailout talks between the Trump administration and Spirit Airlines have reportedly stalled as the company faces an acute cash crunch that could see it run out of cash within days.

Spirit Airlines is set to announce in the coming hours that that it will halt flying as of 3 am ET Saturday, according to two sources familiar with its plans, making it the first significant US airlin...

Some of Spirit’s bondholders—including billionaire Ken Griffin ’s Citadel hedge fund—balked at the government’s insistence on being paid back before other creditors, CBS News reported.