Senators Oppose Federal Bailout for Spirit Airlines

Lawmakers from both parties raised concerns today over a potential federal rescue package for Spirit Airlines. The deal could give the government a 90% stake.

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Lawmakers in the United States are voicing strong opposition to a potential federal rescue of the bankrupt budget carrier Spirit Airlines. The pushback comes following reports that the administration of President Donald Trump is considering a deal that could involve up to $500 million in government-backed financing to assist the airline in exiting its second bankruptcy restructuring since 2025.

Senator Ted Cruz speaking at the 2026 Conservative Political Action Conference in Grapevine, Texas. REUTERS/Daniel Cole
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