Trump’s Spirit Airlines bailout plan sparks GOP split on government ownership
TL;DR Summary
President Donald Trump’s proposal to buy bankrupt Spirit Airlines for about $500 million as a government-backed rescue has divided his advisers and drawn backlash from Republicans who oppose government ownership of private companies, amid rising jet-fuel costs tied to international conflict that have strained Spirit’s finances.
Topics:business#airline-bailout#donald-trump#gop-division#government-ownership#politics#spirit-airlines
- Trump’s plan for $500 million Spirit Airlines bailout draws GOP division The Washington Post
- White House mulls using Defense Production Act in Spirit Airlines takeover CBS News
- Trump says he’s considering buying Spirit Airlines ‘at the right price.’ It might still be a bad deal CNN
- 'Absolutely TERRIBLE idea': Plenty of Republicans aren't on board with Trump's idea to buy Spirit Airlines Yahoo Finance
- Clock ticks on Spirit Airlines as bondholders weigh Trump bailout. Here's what could happen next CNBC
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