Spirit Airlines has asked Trump for an emergency bailout to avoid bankruptcy

14,837 Views | 181 Replies | Last: 17 days ago by Jock 07
aggiehawg
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AG
Quote:

The White House is reportedly considering a plan to take over Spirit Airlines and use part of the bankrupt carrier's fleet for military missions.
Under the proposal, President Trump would invoke the Defense Production Act to loan Spirit Airlines money for national defense purposes, CBS News reported on Friday.
The Pentagon would then use the budget airline's "excess capacity for transporting troops, military cargo or other missions," the outlet said, citing sources.
Spirit's creditors would need to sign off on the strategy.

I thought airlines were already under contractual obligation to loan planes to the government?

LINK
GAC06
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AG
They aren't required to and it looks like Spirit doesn't participate in the Civil Reserve Air Fleet. Using them for military transport would be only marginally useful and a pretty stupid excuse to bail them out imo

It would also potentially negatively impact airlines that are part of the CRAF program and get military charter business in return for their participation.
MagnumLoad
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Let them go into receivership. We do not need Spirit Airlines.
IIIHorn
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MagnumLoad said:

Let them go into receivership. We do not need Spirit Airlines.


They should be ghosted?


( ...voice punctuated with a clap of distant thunder... )
MagnumLoad
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Their planes will go to someone, but I do not want to buy them with tax dollars. Bad business practice needs to die a natural death.
aggiehawg
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AG
Quote:

They aren't required to and it looks like Spirit doesn't participate in the Civil Reserve Air Fleet.

Thank you for that clarification.
Jock 07
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YouBet said:

Sq 17 said:

The discount airlines need to merge ( allegiant , frontier , jet blue , & spirit ) or United and American will slowly run them out of business

This new airline would have a hub in Las Vegas , Denver, Detroit, & NYC and would have newer planes and no stupid regional jets


I've realized over time that I prefer regional jets. Give me 2 seater rows over 3 any day.

Meh, there's a huge difference between a crj 200 and an embreair
 
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