Government BAILOUT Spirit

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Today | 07:35 AM

#101

Random Task

Line Holder

Joined: May 2016

Posts: 452

Likes: 9

The administration fired over 30,000 federal employees last year after taking office. Don't pretend they care about saving jobs.

Today | 07:48 AM

#102

Hedley

Gets Weekends Off

Joined: Aug 2020

Posts: 2,654

Likes: 109

Quote:

Originally Posted by ChinaDenver

Trump doesn't have the unilateral power to lend Spirit any money. Congress must pass a bill and appropriate. Congress has given the executive limited authority to unilaterally invest in companies, but it has to pertain to defense-related matters - like the rare earth investment last year. Congressional Republicans won't go for any bailout. Trump was able to invest in Intel last year because Congress already had appropriated the money in 2022 or 2023 for that exact purpose.

I agree and you’re right, there is no legal reason for Congress to act. This is all just political grandstanding. Trump knows the value of the assets and the status of their books. He also knows that if there was value there to be bought and sold later for a profit that the private sector would have already done so. This is just like his big production about buying Greenland. He’ll double down on a bunch of claims knowing that nothing will happen. He knows this isn’t going to get through Congress, and if it did that it wouldn’t stand up to a legal challenge from competitors. This is all theatrics so that he can claim that he really tried hard and had a plan to save the airline that Biden killed.

Today | 08:11 AM

#103

ChinaDenver

On Reserve

Joined: Apr 2026

Posts: 3

Likes: 2

Quote:

Originally Posted by Random Task

The administration fired over 30,000 federal employees last year after taking office. Don't pretend they care about saving jobs.

There is a difference b/t "efficient/effective jobs" and "excess/wasteful jobs."

Today | 08:28 AM

#104

Halon1212

New Hire

Joined: Apr 2026

Posts: 1

Likes: 2

The pilots should just buy the company. Put your 401ks where your mouth is. Worth saving the company? Then fund it.

The odds of this government bailout coming in time is near zero.

Today | 08:30 AM

#105

Clearedtocross

Line Holder

Joined: Dec 2023

Posts: 526

Likes: 125

I wish the best for Spirit, its Pilots, and employees. None of this is your fault and all we have is our best effort every day and the hope for a better future. Please keep your heads up.

Today | 09:14 AM

#106

rickair7777

Prime Minister/Moderator

Joined: Jan 2006

Posts: 44,857

Likes: 657

From: Engines Turn or People Swim

Quote:

Originally Posted by ChinaDenver

There is a difference b/t "efficient/effective jobs" and "excess/wasteful jobs."

Yes, this. Bill Clinton also took out the civil service trash back in the day. It's just routine housekeeping that shouldn't be neglected, nature of "industry".

Today | 10:34 AM

#107

Born2FlyAv8R

Line Holder

Joined: Mar 2020

Posts: 305

Likes: 13

Quote:

Originally Posted by Halon1212

The pilots should just buy the company. Put your 401ks where your mouth is. Worth saving the company? Then fund it.

The odds of this government bailout coming in time is near zero.

halon has a new handle?