Spirit Airlines Says Government Rescue Loan Talks Are Continuing

Spirit Aviation Holdings Inc. said Wednesday that talks with creditors over a $500 million US government rescue loan are continuing and postponed a court hearing related to the financing

• The budget airline said in a filing that a Thursday bankruptcy hearing won’t be held because the company hasn’t yet filed a motion to seek court permission to tap the potential government financing
  • The April 30 hearing was discussed last week when Spirit lawyers confirmed it was in advanced discussions with the government
• Spirit said Wednesday that conversations with lenders and a committee representing the company’s unsecured creditors are continuing and ...