Reports: South Florida based Spirit Airlines set to shutdown after failing to secure $500 million government bailout

FORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) – Spirit Airlines’ hopes to stay in the skies could be grounded for good.

According to the Wall Street Journal, while hopes were high for a government save, it appears Spirit will be shut down, after a last ditch rescue deal to save the airline crumbled.

Spirit has been in Chapter 11 bankruptcy and struggling for over a year now…

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