Trump Weighs Spirit Bailout, Duffy Skeptical

0:00On April 22nd, the Trump administration is closed to a deal that could bail out bankrupt spirit airlines with up to $500 million in. Government loans, in exchange for warrants giving Washington a potential stake in the company. This would mark a rare move to help one airline specifically instead of broad industry aid. Spirit is already in its second chapter 11 bankruptcy in under a year, squeezed by skyrocketing fuel costs and shrinking cash flow. The carrier had been pushing for emergency funds just to dodge liquidation and stay a float amid rising oil prices. President Trump floated the idea on CNBC, pointing to the 14,000 jobs at stake and suggesting the feds step in. But transportation secretary Sean Duffy pushed back, warning against throwing good money after bad if no private buyers see a path forward. Trump directed his team to explore options, but officials haven't locked in any final call yet. He's keeping flights running as usual while quietly selling off assets and tweaking routes

1:00to buy time. Right now, it's a tight spot with Trump leaning, yes. Duffy skeptical and the whole thing hanging in the balance for spirit survival. That's your update from US News Today, powered by AI.