Topic
government-bailouts
3 stories related to this topic, newest first.
Semaforfinance51 days ago
Spirit Airlines Ends Shutdown Talks After Rejecting $500M Government Bailout
Spirit Airlines is set to cease operations after a proposed $500 million federal bailout deal failed amid objections from bondholders and funding shortages. The budget carrier, strained by rising jet fuel prices from the Iran War, has filed for bankruptcy twice since 2024. Presid…
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Semaforpolitics52 days ago
GOP Lawmakers Express Doubts on U.S. Stake in Spirit Airlines
Nearly a dozen GOP lawmakers expressed opposition or doubts about the Trump administration's consideration of buying a stake in Spirit Airlines. Critics include Senate leaders who called the idea a bad one for government involvement in airlines. The proposal comes amid Spirit's b…
CNBCfinance58 days agoUpdated
Spirit Airlines Files for Bankruptcy, Seeks $500M Aid
The Trump administration is close to finalizing a $500 million bailout deal for Spirit Airlines, which has filed for bankruptcy twice. President Trump confirmed the government could provide a rescue package or buy the carrier outright. Critics including Kevin O’Leary called the p…
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