President Trump Suggests Federal Assistance or Acquisition for Spirit Airlines Amid Financial Struggles
President Donald Trump has proposed federal support or a potential acquisition to aid Spirit Airlines, which is facing financial difficulties and a second bankruptcy filing.
President Donald Trump has proposed federal assistance or a potential acquisition to support Spirit Airlines as the budget carrier faces significant financial challenges.
"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 stated during a CNBC interview.
Transportation Secretary Sean Duffy acknowledged the president's remarks, indicating that the Department of Transportation will review the situation.
Spirit Airlines filed for Chapter 11 bankruptcy protection in August 2025, marking its second filing in less than a year. The airline had been working on a recovery plan but has faced setbacks due to rising fuel costs and other financial pressures.
The airline's financial struggles have been exacerbated by increased fuel prices, driven by geopolitical conflicts, which have significantly impacted its restructuring efforts.
Spirit Airlines has been in discussions with the Trump administration regarding potential emergency funding to prevent liquidation.
The airline's future remains uncertain as it navigates these financial challenges and explores possible avenues for support or acquisition.