{"id":13265,"date":"2026-05-01T19:47:56","date_gmt":"2026-05-01T19:47:56","guid":{"rendered":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/01\/trump-says-spirit-given-final-proposal-on-bailout-amid-reports-it-may-shut-down-nbc-news\/"},"modified":"2026-05-01T19:47:56","modified_gmt":"2026-05-01T19:47:56","slug":"trump-says-spirit-given-final-proposal-on-bailout-amid-reports-it-may-shut-down-nbc-news","status":"publish","type":"post","link":"https:\/\/globalnewstoday.uk\/index.php\/2026\/05\/01\/trump-says-spirit-given-final-proposal-on-bailout-amid-reports-it-may-shut-down-nbc-news\/","title":{"rendered":"Trump says Spirit given 'final proposal' on bailout amid reports it may shut down – NBC News"},"content":{"rendered":"

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President Donald Trump said the White House had given Spirit Airlines “a final proposal” for a federal bailout to save the carrier, amid reports the troubled budget carrier is laying the groundwork to wind down its operations.
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The Wall Street Journal, The New York Times and Bloomberg News all reported Spirit is preparing for liquidation, after surging jet fuel costs made its planned exit from bankruptcy all but impossible.
A Spirit spokesperson declined to comment on ongoing discussions and told NBC News that Spirit is operating as usual. As of 2:30 p.m. ET on Friday, Spirit employees had not received any instructions about not reporting to work this weekend, a source familiar with the matter told NBC News.
In a statement, American Airlines said it was immediately\u2004 implementing fare caps on tickets in its “main cabin” tier for Spirit routes\u2004to cities where it also offers nonstop service.
A representative for United Airlines told NBC News, \u201cWe\u2019re preparing to support Spirit customers and employees in the event of a shut down and we\u2019ll likely have more to share later.\u201d
A Frontier spokesperson said the carrier was ready to “support customers who may be impacted if Spirit Airlines ceases operations, with a focus on helping people continue their travel plans with low-fare options.”
Spirit had in recent weeks approached the White House seeking financial assistance \u2014\u00a0<\/a>and Trump initially appeared receptive to the idea, proposing a $500 million package<\/a> with the U.S. taking a stake in the company.
Yet the plan almost immediately ran into opposition from Wall Street, Capitol Hill and even a member of Trump\u2019s own cabinet. Transportation Secretary Sean Duffy suggested a rescue would amount to tossing \u201cgood money after bad.\u201d
\u201cThere\u2019s been a lot of money thrown at Spirit, and they haven\u2019t found their way into profitability,\u201d Duffy said in an interview with Reuters<\/a>. \u201cAnd so would we just \u200bforestall the inevitable and then own that?\u201d
In remarks to the press Friday afternoon, Trump expressed fresh doubts about the rescue.
\u201cWe\u2019re looking at it. But if we can\u2019t make a good deal… no institution has been able to do it,\u201d he said.
Trump said his administration was “trying to help them.”
“It’s 14,000 jobs,” he added, \u201cI would say we\u2019re driving a tough deal.\u201d
But, he said, \u201cWe have to come first. We\u2019re first,\u201d referring to protecting taxpayer funds.
In a statement on X<\/a>, Sara Nelson, president of the Association of Flight Attendants, expressed concern about the fate of Spirit’s employees should a rescue fail to materialize.
“If @realDonaldTrump wants to help @SpiritAirlines he can do it,” she wrote. “It\u2019s in his hands. Everyday Americans will hurt \u2014 beyond the nearly 20k employees who will lose their livelihoods \u2014 it will cost consumers $1B annually. If you\u2019re in charge @POTUS then make it happen now.”
Spirit \u2014 one of five ultra-low-cost airlines in the U.S. \u2014 has struggled for years to sustain profitability. In the first two months of 2026, it lost $60 million \u2014 and that was even before the cost of jet fuel touched new records.
The airline attempted to sell itself to JetBlue several years ago, only to see a federal judge side with Biden-era Justice Department officials that such a combination tripped antitrust rules.<\/a>
Yet some analysts say the loss of a full-fledged airline, especially a budget one like Spirit, would also end up hurting consumers \u2014 not to mention its approximately 17,000 employees.
\u201cEven if you\u2019ve never flown on Spirit, you want them in the market to help put pressure on those other larger carriers,\u201d Katy Nastro, a travel expert at Going.com, told NBC News in a recent interview<\/a>. \u201cIt actually helps keep prices cheap. So even if you\u2019re not a big Spirit fan, you want to see them succeed.\u201d
At the same time, a government bailout might also set a worrisome precedent, analysts with J.P. Morgan said in a note last month, warning that Frontier and JetBlue, who\u2019ve faced their own financial struggles, could follow suit.
Earlier this week, a group representing budget airlines requested $2.5 billion from the Trump Administration to compensate for higher fuel costs and stave off raising airfares.
In a statement, the Association of Value Airlines, a trade group that represents Allegiant, Avelo, Frontier, Spirit, and Sun Country Airlines said, \u201ctemporary government support to preserve vital industry competition is not without precedent.\u201d
Rob Wile is a Pulitzer Prize-winning journalist covering breaking business stories for NBCNews.com.
© 2026 NBCUniversal Media, LLC<\/p>\n

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