Government BAILOUT Spirit

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Today | 07:35 AM

#101

Random Task

Line Holder

Joined: May 2016

Posts: 452

Likes: 11

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: 2,656

Likes: 111

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: 4

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: 6

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

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Joined: Dec 2023

Posts: 527

Likes: 126

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: 44,861

Likes: 658

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

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Joined: Mar 2020

Posts: 305

Likes: 14

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?

Today | 10:57 AM

#108

AirportJunkie

On Reserve

Joined: Jan 2023

Posts: 108

Likes: 11

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.

YEP, this is nothing more than a midterm political play.

Today | 02:55 PM

#109

L8Z8

On Reserve

Joined: Aug 2023

Posts: 67

Likes: 8

Quote:

Originally Posted by rickair7777

I'm not really a fan of this kind of intervention. But (like covid), part of the problems NK faces are direct results of government action. In this case Iran and Biden's lawsuit.

Spirit was knocking on death’s door before any government actions so it’s quite far-fetched to call that a direct cause. Contributing, perhaps, but direct—nope. The business model and management choices are the direct cause to why they’re backed into this corner.

Today | 03:13 PM

#110

AAdvocate

On Reserve

Joined: Mar 2026

Posts: 143

Likes: 159

Quote:

Originally Posted by rickair7777

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".

Don't forget that Obama did the same thing. Were you in the military during the infamous RIFs? Seems to happen every ten to 15 years. Still, nobody has fired more government workers then Clinton.