Hassett says he was ‘very involved’ in potential Spirit bailout says legal team ruled out a lifeline
By Ashleigh Fields
Published on May 3, 2026.
White House National Economic Director Kevin Hassett was involved in the administration's potential plan to bailout Spirit, but legal teams ruled out a lifeline. Spirit, known for its low fares and yellow planes, ended its operations on Saturday due to financial issues. The company's merger with JetBlue was cancelled after the Biden administration overturned it on antitrust grounds. Last month, President Trump proposed helping the company with federal resources due to rising fuel costs.
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