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Trump considers taxpayer funded takeover of Spirit Airlines then resale for profit
International
Published on 24 April 2026
Rescue plan tied to lower oil prices
President Donald Trump is reportedly exploring a taxpayer funded takeover of struggling Spirit Airlines, with talks underway over a financing deal involving creditors. The strategy: use government money to buy the airline, then resell it at a profit after oil prices drop. Backers say it could preserve jobs and keep the carrier operating.
- Report says Trump is weighing a taxpayer backed Spirit takeover
- Deal discussions include financing terms with creditors
- Profit plan depends on lower oil prices later
- Goal is to save jobs and the airline
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times