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ft_home apr 24, 2026

Trump suggests US could buy Spirit amid bailout talks

Trump suggests US could buy bankrupt airline Spirit amid bailout talks.

impact+0.33 sentiment-0.20 n=3
trump said the us could buy spirit airlines as the bankrupt carrier negotiates with the federal government for a "financing package." spirit has been in chapter 11 since november 2024, weighed down by failed mergers and mounting debt. the airline had previously tried to sell to jetblue, but a judge blocked that deal in early 2024 on antitrust grounds. no specific price or timeline was mentioned for a potential government purchase.
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