President Donald Trump said on April 23 that a taxpayer-funded takeover of Spirit Airlines could be an option, with the intention of reselling it when oil prices fall.
The Florida-based airline is undergoing restructuring after filing for bankruptcy protection in August 2025.
Trump, speaking to reporters in the Oval Office, said he was interested in the U.S. government bailing out Spirit, or buying it outright.
“We’d be getting it debt-free. They have some good aircraft and good assets, and when the prices of oil goes down, we’ll sell it for a profit,” Trump said.
“I’d love to be able to save those jobs. I’d love to be able to save an airline,” Trump said, adding that more airlines improves competition in the market….