Why a federal bailout of Spirit might not be enough to save the struggling airline [Yahoo! Finance Canada]
JetBlue Airways Corporation (JBLU)
Last jetblue airways corporation earnings: 1/23 07:00 am
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Source: Yahoo! Finance Canada
But that might not be enough to rescue an airline that's been on life support for years. The administration is in “very advanced discussions” over a for the troubled discount airline, Marshall Huebner, an attorney for Spirit, said during a bankruptcy hearing Thursday. While he did not give details of the package, it could come to $500 million, a source familiar with the discussion told CNN. Spirit has warned it could be forced out of business due to higher jet fuel prices in the last few months. The airline has been unprofitable since travel plunged during the Covid pandemic, and it has filed for bankruptcy twice, most recently in President Donald Trump seemed to endorse the idea on Tuesday, saying that “maybe the federal government should help (Spirit) out.” But some members of Congress, along with airline CEOs and analysts, say it's a terrible idea. Republican Senators Ted Cruz and Tom Cotton as well as Democratic Senator Elizabeth Warren have expressed concerns. The worry i
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JBLU
News
- 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
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of JetBlue Airways Corporation - JBLUACCESS Newswire
- Spirit Airlines says it's in advanced talks for US government's help to survive bankruptcy [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
JBLU
Earnings
- 1/27/26 - Miss
JBLU
Sec Filings
- 4/17/26 - Form 8-K
- 4/14/26 - Form 4
- 4/14/26 - Form 4
- JBLU's page on the SEC website