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

Related News

How I Closed a $1 Million Domain Deal Without Risking Losing the Domain or the Money

First-Time Business Buyers Are Changing How Deals Get Done — Here’s What Sellers Need to Know

Man allegedly killed girlfriend in Berkeley, stuffed her body in a suitcase

Market sell-off accelerates as traders raise odds for Fed rate hikes

NASA declares MAVEN, its Mars atmosphere orbiter, dead

Xavier Becerra advances to November runoff of CA governor’s race, NBC News projects