{"id":254538,"date":"2026-05-01T21:30:39","date_gmt":"2026-05-01T21:30:39","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/254538\/"},"modified":"2026-05-01T21:30:39","modified_gmt":"2026-05-01T21:30:39","slug":"wsj-south-florida-based-spirit-airlines-set-to-shutdown-after-failing-to-secure-500-million-government-bailout-wsvn-7news-miami-news-weather-sports","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/254538\/","title":{"rendered":"WSJ: South Florida-based Spirit Airlines set to shutdown after failing to secure $500 million government bailout &#8211; WSVN 7News | Miami News, Weather, Sports"},"content":{"rendered":"<p>FORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) &#8211; Spirit Airlines\u2019 hopes to stay in the skies could be grounded for good.<\/p>\n<p>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. That could happen as soon as Saturday.<\/p>\n<p>The Dania Beach-based carrier has been in Chapter 11 bankruptcy and struggling for over a year now. The recent hike in jet fuel prices placed even more stress on the airline, pushing it to reduce its fleet and cut its routes. <\/p>\n<p>The airline had attempted to secure a $500 million government bailout to survive bankruptcy, but the proposed deal fell apart due to disagreements with the Trump administration and pushback from other creditors.<\/p>\n<p>However, while speaking to reporters at the White House on Friday, <a href=\"https:\/\/wsvn.com\/news\/us-world\/trump-says-hes-still-considering-a-taxpayer-funded-deal-to-bail-out-spirit-airlines\/\" data-type=\"link\" data-id=\"https:\/\/wsvn.com\/news\/us-world\/trump-says-hes-still-considering-a-taxpayer-funded-deal-to-bail-out-spirit-airlines\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">President Trump suggested<\/a> he remains open to a taxpayer-funded deal to bail out the airline.<\/p>\n<p>\u201cI said, \u2018I\u2019d like to save the jobs, but we will have an announcement some time today. We gave them a final proposal,\u201d said Trump. <\/p>\n<p>At Fort Lauderdale-Hollywood International Airport, Spirit is operating as usual, but with the last-ditch rescue deal now appearing to be off the table, many passengers are left confused and worried for the future.<\/p>\n<p>\u201cWhat\u2019s going to happen when we come back?\u201d asked a woman. <\/p>\n<p>\u201cOh, we\u2019re going to be stuck,\u201d said a man. <\/p>\n<p>\u201cWhat\u2019s going to happen? No flights? I dont\u2019 know. It\u2019s insane. <\/p>\n<p>\u201cI\u2019m actually shocked at this point, I don\u2019t know what to do at this point,\u201d said George.<\/p>\n<p>One traveler who was flying to Charlotte said he flies there frequently and is not looking forward to paying premium prices.<\/p>\n<p>A company spokesperson has declined to comment on the situation.<\/p>\n<p>The airline employs 12,000 people as well as thousands of contractors, with nearly half of them in South Florida. <\/p>\n<p>With cash nearly gone and no funding, the company is expected to shut down operations on Saturday morning. <\/p>\n<p>Copyright 2026 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n<p>\tJoin our Newsletter for the latest news right to your inbox<\/p>\n","protected":false},"excerpt":{"rendered":"FORT LAUDERDALE-HOLLYWOOD INTERNATIONAL AIRPORT, FLA. (WSVN) &#8211; Spirit Airlines\u2019 hopes to stay in the skies could be grounded&hellip;\n","protected":false},"author":2,"featured_media":254249,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[249,251,250],"class_list":["post-254538","post","type-post","status-publish","format-standard","has-post-thumbnail","category-fort-lauderdale","tag-fort-lauderdale","tag-fort-lauderdale-headlines","tag-fort-lauderdale-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/254538","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=254538"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/254538\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/254249"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=254538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=254538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=254538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}