New Hampshire Governor Chris Sununu has voiced strong opposition to a potential federal bailout for Spirit Airlines following its recent Chapter 11 bankruptcy filing. Sununu characterized a government intervention as financially unsound, arguing that the airline’s struggles were driven by market forces and internal business decisions. He emphasized that taxpayer funds should not be used to prop up a company that failed to maintain a sustainable business model in a competitive industry, asserting that such a move would make no financial sense for the public.
- Spirit Airlines recently filed for Chapter 11 bankruptcy protection after experiencing significant financial losses and mounting debt.
- Governor Chris Sununu stated that a federal bailout for the struggling carrier would be a poor use of taxpayer resources.
- The airline’s financial stability was further impacted by the blocked merger with JetBlue Airways earlier this year.
- Sununu argued that the airline industry is a competitive market where businesses must be held accountable for their own financial outcomes.
- Despite the bankruptcy filing, Spirit Airlines has indicated plans to continue normal operations while it restructures its debt.
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Look at this political parasite..chewing ppl's jobs with a smile..what a cunt administration!!!
Spirit Airlines never income segregated their planes. Everyone's seat is the same – rich or poor. They made flying accessible to many. Safely too. Praying for the staff in this difficult time.
Spirit Airlines have fought the good fight, they have finished the race, they have kept the faith. But Jet fuel prices are just beyond their control. God be with you.
Stupid opinion. Tax payers always have to bail out big business. Ridiculous
Spirit already said the war of choice in Iran pushed the price of jet fuel past the point of making sense to stay open. This guy chris sununu blaming Biden lol.
Anyone tired of winning yet?
this guys on crack if he thinks its good for a lot of people that spirit is out of business