Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price" [CBS News]
JetBlue Airways Corporation (JBLU)
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Source: CBS News
The president confirmed his continued interest in offering Spirit a financial lifeline after a lawyer told a U.S. Bankruptcy Court that the airline was in advanced talks with the U.S. government on a financing deal that would allow Spirit to emerge from Chapter 11 protection. "They have some good aircraft and good assets, and when the prices of oil goes down, we'll sell it for a profit," Mr. Trump said, speaking at an unrelated Oval Office event. "I'd love to be able to save those jobs. I'd love to be able to save an airline." "And we're looking, if we could get it for the right price, I'd do it to save the jobs," the president said. Mr. Trump stoked speculation of a deal to save Spirit on Tuesday when he encouraged a buyer to rescue the airline and suggested the federal government could help keep it afloat. The White House has attempted to blame Spirit's predicament on the Biden administration, which in 2023 sued to stop JetBlue Airways from buying Spirit for $3.8 billion. A
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JBLU
News
- Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price" [Yahoo! Finance]Yahoo! Finance
- Trump says he's ‘looking' at buying Spirit Airlines [Yahoo! Finance]Yahoo! Finance
- Trump says he's considering buying Spirit Airlines ‘at the right price' [CNN]CNN
- Trump considering taxpayer takeover of Spirit Airlines and would aim to resell carrier [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Trump considers a taxpayer takeover of Spirit Airlines and would aim to resell carrier [Yahoo! Finance Canada]Yahoo! Finance Canada
JBLU
Earnings
- 1/27/26 - Miss
JBLU
Sec Filings
- 4/23/26 - Form 4
- 4/23/26 - Form 4
- 4/23/26 - Form 4
- JBLU's page on the SEC website