Is Trump going to nationalize Spirit airlines?
Federal State And Tribal Powers,Trump Agenda,Nationalism,Airlines,Big Business
The Trump administration is considering a bailout for Spirit Airlines, which has declared bankruptcy twice in less than two years.
The deal, according to press reports, would lend the carrier $500 million in return for warrants to buy up to 90% of the company's equity.
"We're thinking about doing it, helping them out, meaning bailing them out or buying it," President Donald Trump told reporters on Thursday. He reasoned, "I'd love to be able to save those jobs. I'd love to be able to save an airline. I like having a lot of airlines, so it's competitive."...
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