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US weighs Defense Production Act aid for Spirit Airlines amid urgent restructuring talks
International
Published on 25 April 2026
A wartime powers move could rescue a carrier
The US government is exploring a plan to support Spirit Airlines, including the possibility of using the Defense Production Act to unlock financial assistance. The goal is to keep the airline running for passengers and staff while Spirit seeks urgent new funding. A court hearing is set to review the bankruptcy exit plan as creditors assess the administration’s offer.
- US is considering Defense Production Act support for Spirit Airlines
- Help is aimed at keeping operations running for staff and passengers
- Spirit needs new financing urgently amid bankruptcy proceedings
- Creditor review and a court hearing will shape next steps
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times