Trump administration in bailout talks with Spirit Airlines
By Nathan Bomey
Published on April 22, 2026.
The US government is in talks to bailout Spirit Airlines, one of the largest budget carriers in the country, in an effort to avoid liquidation. The deal could include up to $500 million for Spirit and equity warrants for the government. Spirit has been struggling to find a sustainable financial model due to rising jet fuel prices, increased labor costs, and operational issues. The company filed for bankruptcy protection in August for the second time in less than a year. Transportation Secretary Sean Duffy expressed skepticism about a bailout.
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