Why a federal bailout of Spirit might not be enough to save the struggling airline

President Donald Trump said Thursday that he would consider purchasing the embattled Spirit Airlines “if we can get it at the right price.”

“Spirit is an airline that has had some trouble,” Trump said. “They have some good aircrafts, some good assets, and when the price of oil goes down, we’d sell it for a profit.”

The president did not clarify what a purchase of Spirit Airlines might look like.

But the no-frills airline has been on life support for years – and even an infusion of federal cash might not save it.

The possibility of a government purchase of the

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

U.S. soldier charged with using classified information to bet on Maduro’s removal

Smoke rises from Port of La Guaira in Venezuela on Jan. 3, 2026...

French police probe suspected weather device tampering after odd Polymarket bet

French police are investigating possible tampering with a weather monitoring device at Charles...

OpenAI is under scrutiny after two mass shooters used ChatGPT to plan attacks

AI companies are under growing scrutiny over the potential harms chatbots can pose amid investigations into how mass shooters allegedly sought advice from...