Trump Suggests U.S. Government Take Over Spirit Airlines
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
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President Trump suggested the U.S. government could take over Spirit Airlines, Alison Sider, Brian Schwartz, and Alexander Gladstone of The Wall Street Journal reports. "We're thinking about doing it, helping them out, meaning bailing them out, or buying it. I think we'd just buy it," Trump said, speaking from the Oval Office. Trump believes the company's aircraft and assets were good and the government could sell the company for a profit when oil prices fall.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
