Spirit Airlines could shut down as soon as Saturday

Spirit Airlines is making plans to cease operations as soon as Saturday, barring last minute intervention, CBS News has learned. Negotiations over a $500 million government aid package remained stalled after bondholders balked at the terms. Trump administration officials have been told Spirit will be shutting down operations in the next 24 hours. There will be no last-minute administration effort regarding a bailout, according to sources familiar with the discussions. …