The US government is considering using the Defense Production Act to intervene in the restructuring of Spirit Airlines (SAVE.US).

According to sources familiar with the matter, the Trump administration is considering providing assistance to Spirit Airlines (SAVE.US) under the Defense Production Act. The information comes from US officials familiar with the discussions. The source stated that the government may invoke Chapter Three of the Defense Production Act, which authorizes the US government to invest in industrial capacity to secure the defense supply chain. White House spokesman Kush Desai said that the Trump administration is "continuing to explore various options to ensure that the airline can continue to operate for passengers and employees." He added that specific reports regarding financing mechanisms or structures should be seen as speculation. The Defense Production Act is an emergency authority law that allows the US government to prioritize private companies to fulfill federal contracts and increase the production of critical materials. The law also allows for providing loans to private companies for defense purposes, which may provide support to the airline. Trump stated on Thursday that the government is considering purchasing the struggling airline at an "appropriate price." He told reporters at the White House, "When oil prices go down, we'll sell it and make a profit." The Florida-based budget airline is running out of time. A lawyer for Spirit Airlines stated on Thursday that the company needs new financing or permission to access cash by the end of next week. A hearing is scheduled for next week in court, where the company and its creditors' lawyers are working towards a consensus on a bankruptcy exit plan. An external lawyer for Spirit Airlines stated on Thursday that the Trump administration has proposed a financing plan to help the airline emerge from bankruptcy protection, which is being reviewed by its major creditors. A lawyer for Spirit Airlines' creditors stated on Thursday that they have reviewed the terms list of the government's proposal. According to sources, the proposal includes $500 million in financing, with the government receiving warrants equivalent to 90% of Spirit Airlines' equity as a condition. This senior debtor-in-possession financing will assist Spirit Airlines in completing its second bankruptcy restructuring since 2025.