Airline Bankrupted by Trump’s Soaring Fuel Prices Pleads for Bailout

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U.S. President Donald Trump makes a fist as he boards Air Force One for his trip to Las Vegas, Nevada, as he departs Joint Base Andrews, Maryland, U.S., on the day he announced that Israeli and Lebanese leaders had agreed to begin a 10-day ceasefire, April 16, 2026.</p><p>REUTERS/Evan Vuccihttps://thedailybeast-thedailybeast-prod.web.arc-cdn.net/resizer/v2/3CEF6QDR6JH4JEXJSN4WVU6GIM.JPG?auth=a53e3cdcfa69207ca35c3ba95ef968998d05157c0aed956cf8adc32eeef169dd&smart=true&width=1543&height=868" />
Evan Vucci / REUTERS

An ultra-low-cost airline has approached the Trump administration for a pricey emergency bailout as it teeters on the edge of liquidation amid soaring fuel costs triggered by the president’s war in Iran.

Spirit Airlines is reportedly seeking https://theaircurrent.com/airlines/spirit-duffy-bailout-dot-fuel/" rel="" target="_self" title="https://theaircurrent.com/airlines/spirit-duffy-bailout-dot-fuel/">hundreds of millions of dollars from the government.

The airline is "https://www.cbsnews.com/news/spirit-airlines-trump-administration-emergency-bailout/" rel="" target="_self" title="https://www.cbsnews.com/news/spirit-airlines-trump-administration-emergency-bailout/">looking for a lifeline‚” a source told CBS News.

Spirit is one of several lower-cost U.S. airlines whose executives are meeting next week with Transportation Secretary Sean Duffy to assess the strength of the nation’s smaller carriers, https://theaircurrent.com/airlines/spirit-duffy-bailout-dot-fuel/" rel="" target="_self" title="https://theaircurrent.com/airlines/spirit-duffy-bailout-dot-fuel/">The Air Current reported.

Spirit Airlines is in danger of shutting down due to surging fuel prices. / Quinn Glabicki / REUTERShttps://thedailybeast-thedailybeast-prod.web.arc-cdn.net/resizer/v2/CSK6ZMQDVBGABBWAO5USWHCD7A.JPG?auth=51c0fad0765e670735de127e20dff30658545e56ae0de2da7eb17be52c0c785e&smart=true&width=8192&height=5464" width="8192" />

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