Spirit Airlines

Some of the airline’s creditors have raised concerns about a potential rescue’s impact on their investments.

The money would be used exclusively to offset rising fuel costs, representatives said.

The president said he’d like to acquire the budget carrier and then sell it for a profit when oil prices come down.

The carrier is believed to have reached out to the White House last week.

The President said the federal government may have to step in to help the struggling budget carrier.

The airline is reportedly struggling to stay ahead of rising jet fuel costs.

The carrier was on track to emerge from bankruptcy protection this spring or summer.

The budget carrier recently disclosed more details of its restructuring plan.

The carrier plans to emerge from bankruptcy by late spring or summer.

The incident happened Tuesday morning at Newark.