Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price"
Summary
President Donald Trump said he is considering a plan for the U.S. government to buy Spirit Airlines to support the struggling company. He wants to help save jobs and hopes to resell the airline for a profit once oil prices fall.Key Facts
- President Trump is thinking about a government takeover of Spirit Airlines funded by taxpayers.
- The plan aims to help Spirit Airlines survive financial trouble and ultimately be sold for a profit.
- Spirit Airlines has been losing money for years and filed for bankruptcy protection twice, in November 2024 and August 2025.
- Rising jet fuel costs, partly due to the Iran war, have hurt Spirit’s financial situation.
- Spirit is based in Fort Lauderdale, Florida, and employs about 15,000 people, with around 6,000 in Florida.
- The airline’s lawyer said talks with the government on financing are advanced and could help Spirit emerge from bankruptcy.
- A potential government loan could be up to $500 million, possibly making the government a major owner.
- Spirit’s CEO thanked President Trump for the support and expressed willingness to work with the administration to protect jobs and keep fares affordable.
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