Trump said he is considering the U.S. government acquiring Spirit Airlines.
President Donald Trump said that he is considering having the US government acquire Spirit Airlines, stating that this may be a good investment for the federal government. At the time of his remarks, the government has been weighing a potential rescue plan for the struggling airline. "We are looking at that right now. We're looking at helping them, if in fact we were to buy it," Trump told reporters on Thursday. "We'll put it in our holdings, get rid of all that debt. They have nice airplanes, they have good assets." Trump suggested that the US could sell the airline when oil prices drop in order to make a profit. He also mentioned that this move would help protect jobs for the airline's employees.
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