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Trump Suggests Bailout or Merger as Spirit Airlines Faces Mounting Costs
3 Articles
3 Articles
Trump suggests bailout or merger as Spirit Airlines faces mounting costs
FILE-A Spirit Airlines plane is parked on the tarmac as another Spirit Airlines passenger aircraft taxis after landing at Dallas/Fort Worth International Airport which serves the Dallas/Fort Worth, Texas, metroplex area in Texas. (Photo by Robert Alexander/Getty Images) President Donald Trump inferred that the federal government might help keep Spirit Airlines afloat, while also calling for a buyer to step in and help the airliner. In a CNBC int…
Trump Says He Wants A Buyer For Spirit Airlines As Bankruptcy Pressure Builds - Travel Noire
President Donald Trump said he wants “somebody” to buy Spirit Airlines as the budget carrier faces growing strain in its bankruptcy restructuring. Speaking in an interview on CNBC on April 21, Trump said, “Spirit’s in trouble, and I would love somebody to buy Spirit,” adding that “maybe the federal government should help that one out” because of the jobs at stake. Reuters reported the remarks, which arrived as Spirit tries to stay on course in a…
US Transport Minister Sean Duffy has expressed concerns about the state bailout of the insolvent low-cost airline Spirit Airlines – while President Trump is also signaling interest in government involvement.
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