I guess we’re used to taxpayer dollars just being lit on fire, but this is next level.
Under the agreement that’s reportedly being discussed, the government would loan the airline as much as $500 million, and in return, it would receive warrants to take a potential significant stake in the airline.
Let me of course emphasize that this is according to people familiar with the matter, and it remains to be seen what comes of this. However, this concept is supported by comments that Trump made just a couple of days ago, where he said “I don’t mind mergers,” and “I think I’d love somebody to buy Spirit, as an example.” Trump even suggested that “maybe the federal government should help that one out.”
A great solo travel tip spotted this week on One Mile at a Time.
