Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reason
Reason
Joe Lancaster

Biden Killed the Spirit Airlines Merger. Now Trump Wants Taxpayers To Save the Company.

President Donald Trump is reportedly set to add an airline to the stable of private companies he's demanded the government take a piece of.

"The Trump administration is in advanced discussions with budget carrier Spirit Airlines about a bailout," CBS News reports. "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." A source told NBC News the government could end up owning as much as 90 percent of the company.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.