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Trump confirms he's weighing a taxpayer takeover of Spirit Airlines "for the right price" [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop. 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 Bide Show less Read more
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