Trump says he is weighing a taxpayer takeover of Spirit Airlines and would aim to resell the troubled carrier after oil prices drop.
NEW YORK(AP) — President Donald Trump said Thursday that he was weighing a taxpayer-funded takeover of Spirit Airlines with the intent of reselling the struggling budget carrier after oil prices drop.
The president confirmed his continued interest in offering Spirit a financial lifeline after a lawyer told a U.S. Bankruptcy Court that the airline was in advanced talks with the U.S. government on a financing deal that would allow Spirit to emerge from Chapter 11 protection.
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