With new comments from President Donald Trump suggesting openess to a bailout, Spirit Airlines is now at the center of an uncomfortable question: should the government step in to save it?
In a CNBC interview, Trump made clear he does not want to see Spirit disappear, pointing to the roughly 14,000 jobs tied to the airline and openly musing that “maybe the federal government should help that one out.”
Spirit has already filed for bankruptcy twice in less than a year and is once again under pressure as fuel prices surge, blowing up the assumptions behind its restructuring plan. Jet fuel costs have roughly doubled, adding hundreds of millions in unexpected expenses and pushing the airline closer to the edge.
A great solo travel tip spotted this week on Live and Let's Fly.
