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
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