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Spirit Airlines out of business under Trump..... comments ✈ 🛫. 👀

Here we go again. So you really think that the current Administration could not bail this company out. All they needed was a bail out. Not a merger which would have made the prices go up anyway. But it's ok for 400 million dollars to be spent on a ballroom right. You cannot be serious. This is beyond sad. 17,000.jobs lost here today.
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sunsporter1649 · 70-79, M
Sen. Elizabeth Warren, D-Mass., is under fire after Spirit Airlines abruptly shut down, with critics citing her claim that blocking a merger that could have saved the troubled carrier was "a Biden win for flyers."

Spirit announced early Saturday it would cease operations immediately, canceling all flights and shutting down customer service, leaving many travelers stranded. The collapse is reigniting debate over whether federal regulators got it wrong in blocking a proposed JetBlue-Spirit merger, with opponents now arguing the decision may have reduced competition and contributed to the airline’s downfall.

"I’ve warned for months that a @JetBlue-@SpiritAirlines merger would have led to fewer flights and higher fares," Warren wrote in a March 2024 post on X. "@JusticeATR and @USDOT were right to stand up for consumers and fight against runaway airline consolidation. This is a Biden win for flyers!"

Biden administration officials made similar arguments at the time. Former Attorney General Merrick Garland said in a March 2024 statement: "The Justice Department proved in court that a merger between JetBlue and Spirit would have caused tens of millions of travelers to face higher fares and fewer choices." He added: "Today’s decision by JetBlue is yet another victory for the Justice Department’s work on behalf of American consumers."

Then-Assistant Attorney General Jonathan Kanter also framed the ruling as a win for consumers: "Our win in court is a victory for U.S. travelers who deserve lower prices and better choices."

The U.S. Department of Transportation, led by former Secretary Pete Buttigieg, also backed the decision earlier in the process. In a 2023 statement, the agency said it "fully supports the Justice Department’s lawsuit… to block the proposed JetBlue-Spirit merger," arguing the deal would "eliminat[e] the largest, most aggressive ultra-low-cost competitor" and "substantially reduc[e] competition."

Transportation Secretary Sean Duffy criticized the earlier decision to block the merger.

"This merger should have been allowed," Duffy said Saturday. "This is not better for travelers. This is not better for pricing. This is not better for competition… It’s worse. We had an airline go down," Duffy said.
They keep filing bankruptcy's, it seems it is a very poorly run company. Not worth bailing them out in my opinion.
Gibbon · 70-79, M
@Zonuss Whatever. They are surviving. Spirit has been doomed for sometime. Their nickel and dime fee operation was a bad business model.
Zonuss · 46-50, M
@swirlie They can survive off global sales. They're worldwide.
Gibbon · 70-79, M
@Zonuss holy crap you really don't get it do you. They have had annual losses avg of $450 to over $500 million since the pandemic. They are in a nose dive with or without a bailout
Gibbon · 70-79, M
The bailout would be wasted money. This outfit put itself in this position. The bailout would probably have bought them another six months. Two bankruptcy filings? Come on the writing is on the wall.
Gibbon · 70-79, M
@Zonuss wouldn't help. Spirits model

Spirit Airlines became infamous for its "nickel-and-dime" model, where ultra-low base fares were heavily advertised, but the final price often ballooned due to numerous mandatory-seeming ancillary fees. According to a 2023 analysis, these hidden fees could make the total cost 736% higher than the base fare.

This is bait and switch at it's finest
Zonuss · 46-50, M
@Gibbon Regardless. Trump Administration still a failure. Not a good look. 👀
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calicuz · 56-60, M
I agree with you, but we as Americans must face the truth, that the future America will be "the haves and have not's." There is no need for budget airline carriers if there is no middle class.
swirlie · 31-35, F
A bailout is another word for 'bank loan', except it's not the bank who's signing the check during a government bailout of an airline. Regardless of how poorly an airline is run, Trump would have been regarded a hero had he saved those 17,000 jobs in the form of a bailout. But Trump is no hero.

It was a strategically bad decision for Trump to do nothing, considering the mid-terms are a few months up the road. When those employees are sitting around unemployed all summer, they'll surely remember what Trump did not do for them come voting time.
dale74 · M
File bankruptcy reorganize sell off to another airline or be bought out by trump organization

 
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