Cruz on possible Spirit Airlines bailout: ‘Terrible idea’
The Hill
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Sen. Ted Cruz (R-Texas) on Wednesday ripped the Trump administration’s potential bailout of Spirit Airlines. “This is an absolutely TERRIBLE idea,” Cruz wrote on the social platform X of the deal.
Bloomberg reported that under the deal, the administration could own as much as 90 percent of the airline, which has filed for bankruptcy twice…
- Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price" CBS News —
- Spirit Airlines says it’s in advanced talks for U.S. government’s help to survive bankruptcy The Globe and Mail —
- Trump suggests US could buy Spirit amid bailout talks Financial Times —
- Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier after oil prices drop The Independent —
- Trump Says He's Considering Having the US Buy Spirit Airlines Bloomberg —