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Spirit Offered Taxpayers 80% Of The Airline — Trump Demanded 90% And The Bailout Died

Spirit Airlines offered taxpayers 80% of the company in exchange for a $500 million bailout. Trump wanted 90% and that extra demand may have helped kill the deal, leaving creditors to conclude they were better off liquidating the airline than giving the government nearly everything.

7 May 2026Source: View from the Wing