Uploaded April 2026 | Updated September 2026, 2 weeks ago
The Trump administration is in advanced talks to give Spirit Airlines a $500 million rescue package as the iconic discount carrier faces the threat of liquidation. The bailout could be a political risk for President Trump, who has overseen numerous government interventions in the private sector in his second term, including U.S. Steel, Intel and USA Rare Earth. CNBC’s Leslie Josephs breaks down why the government may finance the airline and why the move could be controversial.
Reporter: Leslie Josephs
Produced by: Macklin Fishman
Edited by: Andrea Miller
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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Why The Trump Administration May Bail Out Spirit Airlines
The Trump administration is in advanced talks to give Spirit Airlines a $500 million rescue package as the iconic discount carrier faces the threat of liquidation. The bailout could be a political risk for President Trump, who has overseen numerous government interventions in the private sector in his second term, including U.S. Steel, Intel and USA Rare Earth. CNBC’s Leslie Josephs breaks down why the government may finance the airline and why the move could be controversial.
Reporter: Leslie Josephs
Produced by: Macklin Fishman
Edited by: Andrea Miller
Animation: Jason Reginato
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision
About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC’s new online course, How To Talk To People At Work, expert instructors teach you how to use everyday conversation to gain visibility, build meaningful relationships and advance your career. Use coupon code EARLYBIRD for 20% off. Offer valid from April 20, 2026 to May 4, 2026. Terms apply. https://cnb.cx/4sGlSkh
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Get the latest news: cnbc.com
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Why The Trump Administration May Bail Out Spirit Airlines
