Former Trump economic adviser knocks possible Spirit Airlines bailout as “corporate welfare” – CBS News Watch CBS News Sources tell CBS News the Trump administration is discussing a bailout for Spirit Airlines that could include a loan of up to $500 million. Former Trump economic adviser Stephen Moore joins “The Takeout” with his perspective. Source … Read more
There’s no economic justification for the government to save Spirit Airlines. Source link
In a highly unusual move to shield a company from high fuel prices caused by its war on Iran, the Trump administration is negotiating a bailout for troubled Spirit Airlines. President Donald Trump’s effort to buoy an airline in its second bankruptcy has drawn both criticism from the right and skepticism from within his own … Read more
Spirit Airlines is in advanced bailout discussions with the Trump administration, sources familiar with the negotiations told CBS News. Kris Van Cleave reports. Source link
IE 11 is not supported. For an optimal experience visit our site on another browser. Video Shows Heart-Stopping Moment a Bear Charges at a Hiker 00:51 Fernando Mendoza Won’t Be at the 2026 NFL Draft: Here’s Why 03:36 Now Playing Spirit Airlines Nears Bankruptcy Bailout From Trump Administration 02:52 UP NEXT Hikers Rescued From Cliffside … Read more
The Trump administration is in advanced discussions with Spirit Airlines about a possible bailout. The budget carrier has struggled to stay afloat due to rising jet fuel prices, growing labor costs and operational issues. CBS News senior transportation correspondent Kris Van Cleave has the latest. Source link
The Trump administration is having advanced discussions with Spirit Airlines about a potential bailout loan of up to $500 million in exchange for warrants that would allow the government to take an ownership stake in the company, sources tell CBS news. CBS News’ Shanelle Kaul has more. Source link
The Trump administration is in advanced discussions with budget carrier Spirit Airlines about a bailout, sources familiar with the negotiations told CBS News. The financing package could include a loan of up to $500 million, in exchange for warrants that would allow the federal government to take a potentially substantial ownership stake in the beleaguered airline, the sources … Read more
Spirit Airlines has approached the Trump administration about an emergency bailout to keep the beleaguered discount carrier in business and avoid liquidation due to skyrocketing fuel prices, CBS News has learned. “Spirit is looking for a lifeline,” a source familiar told CBS News. Some Spirit creditors have questioned the airline’s ongoing viability and are concerned … Read more