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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump killed Spirit Airlines
Spirit Airlines is going out of business today because Trumps war in Iran raised fuel prices
dalton99a
(95,068 posts)
Prairie Gates
(8,416 posts)Lovie777
(23,502 posts)and then claim it as his.
Renew Deal
(85,311 posts)But I dont think there is a political appetite for that
DetroitLegalBeagle
(2,522 posts)Trumps idiocy just made it happen quicker. Spirit hasn't turned a profit since 2019, before covid. Poor management doomed them. Trump just sped up the inevitable.
Johnny2X2X
(24,387 posts)Throw a few tens of millions into Trump crypto and Spirit would have gotten a bail out.
17,000 workers laid off immediately. Passengers stranded.
This is about jet fuel prices doubling.
ChicagoTeamster
(1,183 posts)Can't fly it in to the hub, can't deliver from hub to warehouse by truck. Thanks Trump. Great job.
tinrobot
(12,112 posts)They invested early in Rivian, who makes a lot of their EV delivery vans.
One upside might be that this oil war backfires on the administration's crusade against EVs. The cars are already good enough and charging infrastructure is growing rapidly. It could be a tipping point.
ChicagoTeamster
(1,183 posts)Last edited Sat May 2, 2026, 03:00 PM - Edit history (1)
They were already mostly financed by Bidens bill and with all of the data centers that electricity would have been useful in meeting Americas energy needs.
Botany
(77,737 posts)Last edited Sat May 2, 2026, 03:56 PM - Edit history (1)
https://www.instagram.com/reel/DXQgPs3smfS/IbogaProject
(6,041 posts)So they were already tottering.
babydollhead
(2,283 posts)They had tickets for Sunday morning.
From virgin island back to the Midwest.
Stuck.
lame54
(40,038 posts)That's how they want it
America First
LetMyPeopleVote
(181,503 posts)Whether Republicans like it or not, the war with Iran pushed fuel prices higher, and this proved to be the death blow for the company.
Team Trump tries to blame Biden for Spirit Airlinesâ collapse, but reality gets in the way www.ms.now/rachel-maddo...
— Tom Jones (@earl2.bsky.social) 2026-05-04T15:17:02.673Z
Reality is one thing that Trump is incapable of understanding, recognizing, relating to, and realizing
https://www.ms.now/rachel-maddow-show/maddowblog/team-trump-biden-spirit-airlines-collapse
Nevertheless, in the days that followed, Commerce Secretary Howard Lutnick led a Trump administration initiative to bail out Spirit Airlines, as part of a deal that would have led the federal government to take a significant ownership stake in the business. A variety of Republicans raised a new round of concerns about state-run capitalism, the private negotiations ultimately failed, and the carrier permanently closed its doors late last week.
One day later, Trump administration officials, led in large part by Transportation Secretary Sean Duffy, moved away from the presidents effort to blame Obama and instead tried to convince the public of a related claim: This was the Biden administrations fault.
Sean Duffy on Spirit Airlines: "I think it's important to talk about why we are here today. Joe Biden and Pete Buttigieg ... "
— Aaron Rupar (@atrupar.com) 2026-05-02T16:23:59.743Z
On Sunday, Treasury Secretary Scott Bessent also toed the new party line.
BARTIROMO: Treasury was supposed to be doing a deal to save Spirit Airlines. Can you tell us what happened?
— Aaron Rupar (@atrupar.com) 2026-05-03T15:31:34.251Z
BESSENT: This is just more of the mess we inherited from the Biden administration
....There are, however, two foundational problems. The first, as The Atlantics James Surowiecki explained, If JetBlues acquisition of Spirit had been approved, theres a good chance JetBlue would now be headed into bankruptcy, too.
The second is that the White Houses pitch is part of a clumsy attempt to answer the question of why exactly Spirit folded. At a press conference on Saturday, Duffy told reporters, The war was not the impetus for Spirit.
Theres ample evidence to the contrary. As The Associated Press reported, Although Spirit had gone bankrupt twice before, the company said high oil prices, which have been rising because of the war with Iran, made it impossible to stay aloft. NBC News added, Spirit, which has struggled to maintain consistent profitability since the Covid-19 pandemic, had been looking to emerge from its second bankruptcy in less than a year. But those plans were derailed amid soaring jet fuel costs sparked by the outbreak of the war with Iran.
If Republicans want to argue that Spirit was facing real challenges before the war with Iran, thats a fair point. But while they scramble to convince the public that Joe Biden (or, according to some GOP voices, Democratic Sen. Elizabeth Warren of Massachusetts) was the main culprit, the fact remains that the war pushed fuel prices higher, and according to Spirits own executives, this proved to be the death blow for the company.
spanone
(142,008 posts)Even though the media has reported it is the high price of jet fuel.
They take zero responsibility for anyfuckingthing.
They claim that because their merger wasnt allowed in 2024, that they went out of business 2 years later and the RWers everywhere are repeating it.
Johnny2X2X
(24,387 posts)Link to tweet
?s=20