Spirit Airlines Shut Down—Then A Fan’s ‘Packers-Style’ Buyout Plan Drew $88 Million In Pledges

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A Spirit Aviation Holdings Inc. (OTC:FLYYQ) fan kicked off a crowdsourcing endeavor to buy the budget airline operator after it ceased its operations as creditors refused to support a government-backed $500 million rescue plan.

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Hunter Peterson, a fan of the airline, kicked off the fundraiser as a joke, according to a Business Insider report on Sunday, which has since gathered steam. The official website, dubbed “Spirit 2.0,” shared that over $88,071,428 had been unverified pledges had been made to the fundraiser before it crashed.

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