Scot Bertram, Spirit Airlines budget carrier files for bankruptcy

The Steve Gruber Show

—Here are 3 big things you need to know—

One — Ukraine is reportedly getting White House approval to use long-range U.S. missiles inside Russia. Multiple sources indicate President Biden is giving Ukrainian President Volodymyr Zelenskyy the okay. This comes after news of North Korean soldiers arriving at the front to fight alongside Russian troops.
Two ---- Nearly two-point-six-million Michiganders are expected to travel at least 50 miles for Thanksgiving next week. Triple-A Michigan says nearly two-point-three-million of them will drive and just over 217-thousand plan to fly. The record for Thanksgiving travel was set in 2023 with two-point-24-million Michigan residents driving to their destination and two-and-a-half-million traveling for the holiday.

And number three — Spirit Airlines says service will go on as normal as the budget carrier files for bankruptcy. Spirit announced this morning that it's reached a deal with bondholders for 300-million-dollars in financing and hopes to exit bankruptcy in early 2025. The company has been struggling with losses and a failed merger attempt.