Trump, Spirit Airlines
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Sen. Ted Cruz called the Trump administration's proposed Spirit Airlines bailout an "absolutely terrible idea" as the carrier faces bankruptcy.
President Donald Trump confirmed on Thursday that his administration is considering an outright government purchase of Spirit Airlines. Speaking from the Oval Office following a meeting with Israeli and Lebanese officials—where he announced a three-week ceasefire extension—the President suggested the move would protect 18,
Spirit Airlines stock jumped Wednesday following reports the Trump administration is considering taking a stake in the beleaguered carrier as part of a financial assistance package.