- Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price" CBS News —
- Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier after oil prices drop The Independent —
- Trump suggests US could buy Spirit amid bailout talks Financial Times —
- Trump on Spirit Airlines: ‘I Think We’d Just Buy It’ Wall Street Journal —
- Trump Says He's Considering Having the US Buy Spirit Airlines Bloomberg —
- Spirit Airlines says financial aid from the US government would help it keep flying ABC News —
- Spirit Airlines close to a $500M Trump bailout 📹 CNN —
- Spirit Airlines seeks a Trump administration deal to avoid going bust Associated Press —
- Spirit Airlines in `very advanced discussions' with US on funding Seeking Alpha —
- Spirit Airlines lawyer says cash 'not going to last for very much longer,' but government rescue on the table CNBC —
- Trump faces conservative blowback over Spirit Airlines rescue The Hill —
- Former Trump economic adviser knocks possible Spirit Airlines bailout as "corporate welfare" 📹 CBS News —
Trump Considers Spirit Airlines Takeover
The Trump administration is in advanced talks with Spirit Airlines regarding a potential $500 million rescue package that could involve the federal government taking an equity stake.
This proposed intervention has sparked significant blowback from conservative economists and former allies, who have labeled the move 'corporate welfare.' Spirit’s cash reserves are reportedly dwindling as high jet fuel costs, driven by the Strait of Hormuz blockade, make its low-cost model unsustainable.
Transportation Secretary officials are currently reviewing options to maintain competition in the aviation sector while protecting taxpayer interests.
Spirit Airlines
Ultra low cost airline in the United States
Ultra low cost airline in the United States
United States Department of Transportation
U.S. federal executive department overseeing highways, railroads, aviation, transit, and other modes of transportation
U.S. federal executive department overseeing highways, railroads, aviation, transit, and other modes of transportation
Stephen Moore
British actor (1937-2019)
British actor (1937-2019)