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Stock impact report

How Spirit Airlines' business model collapsed—and why a Trump bailout could make things worse [Yahoo! Finance Canada]

JetBlue Airways Corporation (JBLU) 
Last jetblue airways corporation earnings: 1/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.jetblue.com/investor-relations
stricken . “Spirit's in trouble,” declared the POTUS, “Maybe the federal government should help out on that one…it's 14,000 jobs.” Prior to Trump's statement, few if any were speculating on such a solution. Indeed, though the U.S. propped up a broad swath of carriers post-911 and during COVID, we've never seen a Washington bailout designed for an individual airline. From Trump's surprise salvo, things moved fast. By the next day, the Secretaries of Transportation and Commerce were of loans in exchange for warrants that could give the U.S. a substantial equity stake in Spirit. The reports tagged Commerce chief as the chief proponent of the ownership strategy. Spirit's tailspin, of course, is partly of Trump's making. The has ignited an explosion in jet fuel prices, a line item that in average times amounts to 20% to 30% of airlines' pre-tax, non-interest costs. Spirit's been operating under bankruptcy protection since August, and just two weeks after the war began, presented an alrea Show less Read more
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