> The Trump administration is nearing a rescue deal for Spirit Airlines, people familiar with the matter said.
> Under the agreement being discussed, the U.S. government would loan the embattled discount carrier as much as $500 million, receiving in return warrants to take a potential significant stake in Spirit, the people said.
ThatGuyFrmBoston on
Stock up by 30%. Corruption at its finest…Why are we bailing out private airlines who was badly run and don’t even allow a free carryon lol?
Next week they will rename to TrumpSpirit airlines and make DonJr or Eric as their CEO
tabrizzi on
Since the colors match his favorite, would the rescue deal involve a name change?
Emergency_Froyo_3030 on
Isnt that Citadel fella deeply involved in Spirit?
PristineDiscount3208 on
ICE airways in about 6 months, just you watch
LimitofInterest on
Nothing says America First like bailing out an airline that is rocking the Airbus A320 family.
dustymeatballs on
I’d rather walk than fly Spirit
BlueBrye on
“Free market”
still366 on
Why?
GreatGojira on
We got money for bail outs but no money medicate.
AI_Masterrace on
With every bailout, the printer gets strained further
brothlsprout on
Just started my first AI Plane company I’m seeking both funding at a valuation of 1 gorillian dollars and also immediate government bailout of 2 gorillian dollars. IPO will be bananas
sendmaster on
How? Didn’t Boeing buy Spirit last December?
Shacreme on
Socialism for the Rich and Capitalism for the poor.
Gloomy_Wolverine_491 on
So politics aside, is it bullish or bullish for the market
ReasonablyConfused on
Where’s my rescue?
Hopeful-Flounder-203 on
Let it crash. They suck and we don’t need ‘Muricans flying to Sarasota from Fort Wayne for $68 so they can go to SPAMCon.
Specialist-Garbage94 on
Talk about free markets.
JJ_Shiro on
So does this set precedence for future corporate bailouts? Apparently, the threshold for importance to the integrity of the economy or domestic industry nearly vanished.
1Poochh on
Spirit is a garbage airline. Why?
pimple_prince on
We need spirit back!!!!! Prices have been sky high in markets they’ve left.
22 Comments
> The Trump administration is nearing a rescue deal for Spirit Airlines, people familiar with the matter said.
> Under the agreement being discussed, the U.S. government would loan the embattled discount carrier as much as $500 million, receiving in return warrants to take a potential significant stake in Spirit, the people said.
Stock up by 30%. Corruption at its finest…Why are we bailing out private airlines who was badly run and don’t even allow a free carryon lol?
Next week they will rename to TrumpSpirit airlines and make DonJr or Eric as their CEO
Since the colors match his favorite, would the rescue deal involve a name change?
Isnt that Citadel fella deeply involved in Spirit?
ICE airways in about 6 months, just you watch
Nothing says America First like bailing out an airline that is rocking the Airbus A320 family.
I’d rather walk than fly Spirit
“Free market”
Why?
We got money for bail outs but no money medicate.
With every bailout, the printer gets strained further
Just started my first AI Plane company I’m seeking both funding at a valuation of 1 gorillian dollars and also immediate government bailout of 2 gorillian dollars. IPO will be bananas
How? Didn’t Boeing buy Spirit last December?
Socialism for the Rich and Capitalism for the poor.
So politics aside, is it bullish or bullish for the market
Where’s my rescue?
Let it crash. They suck and we don’t need ‘Muricans flying to Sarasota from Fort Wayne for $68 so they can go to SPAMCon.
Talk about free markets.
So does this set precedence for future corporate bailouts? Apparently, the threshold for importance to the integrity of the economy or domestic industry nearly vanished.
Spirit is a garbage airline. Why?
We need spirit back!!!!! Prices have been sky high in markets they’ve left.
Party of small government and free markets folks