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The Latest Breaking News from Spirit

The Trump Admin Officially Enters Bailout Talks With Spirit Airlines. Should You Buy Its Bankrupt Stock Here?

FLYYQ stock is back in focus as bailout talks emerge, but the risks tied to bankruptcy remain significant.

Barchart

Woman endures a 3-hour delay on Spirit Airlines to Los Angeles due to pilot’s absence, then when he finally arrives, he struggles with the intercom

Air travel can be a complicated experience for many, especially if faced with repeated hiccups. For TikTok user @_brittanylimathe, the situation was similar, as she explains in a video she posted on June 29, 2023.

The Mary Sue

Low-Fare Airlines Seek Federal Bailout As Iran War Spikes Jet Fuel Prices: Report

Low-fare airlines are being hit hard by jet fuel prices driven higher by the Iran war. They are now seeking a government bailout.

International Business Times

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NWSL Power Rankings: San Diego on Top As Winning Streak Continues in Week 5

A fifth straight win has the Southern Californian side as the team to beat in the early stages of the season.

Sports Illustrated

As Spirit Airlines looks for a lifeline, Frontier and Avelo are asking the Trump administration for $2.5 billion to cover jet fuel costs

In a meeting with Transportation Secretary Sean Duffy and Federal Aviation Administration chief Bryan Bedford, the airlines discussed a plan to stay afloat.

Fortune

‘Capitalism works because the losers die’: Kevin O’Leary says it’s a ‘really bad idea’ for the federal government to bail out Spirit Airlines

The “Shark Tank” star and multimillionaire investor says the Trump administration’s reported $500 million rescue plan props up “bad management” and undermines the free market.

Fortune

What’s going on with Spirit Airlines and could the White House bail them out?

The long-troubled air carrier is in bankruptcy court as the Trump administration scrambles to save the company

The Guardian - US

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Spirit Airlines Stock Is Ready for Takeoff Thanks to Trump, but Can This Plane Stay in the Sky?

Can Trump’s rescue talk really keep bankrupt Spirit Airlines flying, or is the stock's rally just a short-lived bounce before another rough landing?

Barchart

From Bankruptcy to the Pentagon: How Trump Plans to Militarise Spirit Airlines

The Trump administration is considering transforming Spirit Airlines into a military carrier to prevent its collapse, using the Defense Production Act and a $500 million bailout.

International Business Times UK

‘This is an absolutely TERRIBLE idea’: Ted Cruz joins others to slam Trump’s plan to bail out an airline that declared bankruptcy twice

There is a distinct lack of Spirit.

We Got This Covered

Trump Confirms He Is Considering Government Rescue Of Spirit Airlines: 'We'll Sell It For a Profit'

President Donald Trump confirmed he is considering the possibility of rescuing Spirit Airlines, saying the government could later sell the company for a profit.

International Business Times

You can fly almost anywhere in Europe for €20 while Spirit Airlines is staving off bankruptcy. Here's the difference

Why have budget carriers become durable competitors in Europe while the U.S. version is now fighting for a federal lifeline?

Fortune

Trump's Spirit Airlines Rescue Talks Ignite Concern of Government Control Over Private Business: Report

As the Trump administration weighs a potential rescue of Spirit Airlines from bankruptcy that would have the government own 90% of the company, numerous analysts have noticed a similar pattern across other industries.

International Business Times

Georgia Republican just exposed Donald Trump funneling another $500 million to a corporation while Americans drown in debt

Georgia Republican Marjorie Taylor Greene just called out a new $500 million corporate bailout that’s leaving everyday Americans feeling abandoned. In a fiery post on X, Greene slammed the Trump administration for funneling taxpayer money to Spirit Airlines while costs for health insurance, gas, and groceries keep climbing.

The Mary Sue

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The Mary Sue

Spirit Airlines Might Get Rescued By An Unlikely Ally

Spirit Airlines hit some rough skies. But, an unlikely ally might help the company make a smooth landing.

Reason

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

A merger with JetBlue could have saved the company. Instead, taxpayers will now be forced to pick up the bill.

Reason

Marijuana Rescheduled

Plus: skyway socialism, reconsider the lobster, D.C.'s urban growth, and more...

Fortune

Why Trump may hand taxpayers a majority stake in a failing airline: 'Everything is a deal'

Also: All the news and watercooler chat from Fortune.

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Fortune

How Spirit Airlines’ business model collapsed

COVID, a failed merger, and now a spike in jet fuel prices have conspired to make Spirit's finances unworkable.

Axios

"The Amtrak of the skies"? Trump's interventionism comes for Spirit Airlines

The move could test how far the administration is willing to go to prop up a struggling private-sector company.

The Independent UK

Trump team may rescue Spirit Airlines after blaming Biden for blocking JetBlue merger

IN FULL

The Guardian - US

White House close to deal of up to $500m to rescue ailing Spirit Airlines

Rising costs have continued to plague the company, now facing soaring fuel costs due to the war with Iran

The Independent UK

Trump team may give struggling Spirit Airlines $500M lifeline: report

The Florida-based airline has sold off planes, restructured and raised ticket prices in an attempt to come back from bankruptcy

International Business Times

Trump Administration Reportedly Nearing $500 Million Rescue Package For Spirit Airlines

The Trump administration is close to reaching a $500 million rescue package for Spirit Airlines, according to a new report.

Fortune

Trump administration nears $500 million rescue deal for Spirit Airlines

The deal, which has not been finalized, would reportedly give the government warrants to purchase Spirit stock.

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