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Budget Bailout: Trump weighs $500M move on Spirit Airlines
Posted
April 22, 2026
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April 22, 2026
7,437
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7:20Now PlayingThe Trump administration is currently considering a $500 million rescue package for Spirit Airlines as the carrier teeters on the brink of collapse.
President Trump on Tuesday said he wants to see someone purchase Spirit Airlines, with the low-cost carrier facing headwinds as it looks to exit bankruptcy.
"You know, Spirit's in trouble, and I'd love somebody to buy Spirit. It's 14,000 jobs, and maybe the federal government should help that one out," Trump said on CNBC's "Squawk Box."
Spirit Airlines filed for its second bankruptcy in August 2025 amid mounting losses and dwindling cash reserves. The low-cost carrier first filed for Chapter 11 bankruptcy protection in November 2024 after unsuccessful merger talks with JetBlue and Frontier.
LiveNOW's Anna Marsick discussed the potential deal with Nick Ewen, from The Points Guy.
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