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Started By
Message
US could own 90% of Spirit if we bail them out
Posted on 4/22/26 at 11:40 am
Posted on 4/22/26 at 11:40 am
LINK
Why in gods name would we do this? This isn’t the small government I voted for.
quote:
US COULD OWN UP TO 90% OF SPIRIT AS PART OF $500 MILLION RESCUE
Why in gods name would we do this? This isn’t the small government I voted for.
38
Posted on 4/22/26 at 11:42 am to TJG210
quote:
This isn’t the small government I voted for.
No such politician. (allowed to run)
Posted on 4/22/26 at 11:43 am to TJG210
Honestly, spirit airline is the only company anywhere in the world that might have better customer service after being run by the government.
Posted on 4/22/26 at 11:44 am to TJG210
If it gets me more legroom in coach and free coke and peanuts I'm all for it.
There should be a rule that legroom must be at least 34 inches like it is on most Asian and European airlines (except the super low far budget ones like Ryanair).
There should be a rule that legroom must be at least 34 inches like it is on most Asian and European airlines (except the super low far budget ones like Ryanair).
Posted on 4/22/26 at 11:46 am to TJG210
Why would the federal government even consider this?
Posted on 4/22/26 at 11:46 am to TJG210
Throw in some World Star warrants and its a no-brainer
Posted on 4/22/26 at 11:48 am to TJG210
quote:
US COULD OWN UP TO 90% OF SPIRIT AS PART OF $500 MILLION RESCUE
Why in gods name would we do this? This isn’t the small government I voted for.
Same here, but the Biden admin ruined any chance of a merger with JetBlue.
But, even if it does go thru then I expect it to be temporary until another buyer steps in. At this moment no Airline wants to touch Spirit. Their fleet of planes are relatively young.
This post was edited on 4/22/26 at 11:52 am
Posted on 4/22/26 at 11:48 am to BabysArmHoldingApple
The colurts not the gvt cancelled the merger with Jet Blue and should allow it now with more legroom in coach as a precondition.
LINK
LINK
This post was edited on 4/22/26 at 11:50 am
Posted on 4/22/26 at 11:56 am to TJG210
The new Carnival Cruise line of the air.
Posted on 4/22/26 at 11:57 am to Eurocat
why didn't the government own 90% of all the big banks/aig they bailed out in 2008 with that 700 billion tarp. government did get some equity in gm when they bailed them out.
Posted on 4/22/26 at 11:59 am to TJG210
The US ended up owning the Mustang Ranch due to a tax seizure. If they can't make money selling top grade pussy and whisky, how would it go with a crappy airline?
Posted on 4/22/26 at 12:00 pm to TJG210
Worth it to keep the trash off the other airlines. MMA should buy it though since it’s known for fights and drunks.
Posted on 4/22/26 at 12:04 pm to texas tortilla
Frankly that would have been the right thing to do. I said so at the time but nobody listened.
Posted on 4/22/26 at 12:05 pm to TJG210
That's exactly what the airline industry needs. I mean our government has done a fantastic job with the postal service
Posted on 4/22/26 at 12:05 pm to thetempleowl
quote:
Honestly, spirit airline is the only company anywhere in the world that might have better customer service after being run by the government.
Posted on 4/22/26 at 12:06 pm to Indefatigable
quote:
Why would the federal government even consider this?
More capacity to send deportees home.
This post was edited on 4/22/26 at 12:07 pm
Posted on 4/22/26 at 12:12 pm to Eurocat
quote:
There should be a rule that legroom must be at least 34 inches like it is on most Asian and European airlines (except the super low far budget ones like Ryanair).
As someone who travels to APAC and EMEA multiple times a year, I can tell you this is not the case with the exception of Japanese Airlines (Japan and ANA)
Sprit / Frontier - 28"
Legacy Carriers - 31-32" (Delta, United, American, Southwest)
Japan / ANA -- 34"
Cathy Pacific - 32"
Singapore - 32"
Air France - 31"
British Airways - 31"
KLM - 31"
Lufthansa - 31"
Air China 31"
Korean Air - 32"
Emirates - 32"
Swiss - 32"
Posted on 4/22/26 at 12:13 pm to TJG210
Posted on 4/22/26 at 12:16 pm to TJG210
I'm surprised that 90% of Spirit is only worth $500 million
Posted on 4/22/26 at 12:16 pm to TJG210
quote:
US could own 90% of Spirit if we bail them out
No thanks. Got enough ghettos on land, don't need to subsidize more in the sky.
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