Spirit Airlines is making plans to cease operations this weekend barring a last minute intervention, according to CBS News.
CBS reported the negotiations over a $500 million dollar government aid package have remained stalled.
Spirit has filed for Chapter 11 bankruptcy twice in less than a year. They first filed in November 2024, emerged in March 2025, and then filed again in August 2025.
Recently, President Trump said he was weighing a taxpayer-funded takeover of the airline with the intent of reselling the carrier after oil prices drop.
RELATED: Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier
Spirit is continuing normal operations Friday.

As we honor those who have served our country and made the ultimate sacrifice, it is also heartening to see the military right a wrong. Chris Davis brings us the moving story of a Purple Heart ceremony two decades in the making. It's worth a watch.
A heartfelt thanks to all who bravely serve.
- Carrie Sharp