Sean Duffy

They think they'll get bumped down in priority.

And Spirit's not the only one who's having financial issues right now.

There could be more.

I would just point this out.

Once the merger was denied in 2024, Spirit filed for bankruptcy immediately after the denial.

And then last August, Spirit again filed for bankruptcy.

So Spirit was in dire straits long before the war with Iran.

Multiple times they had filed for bankruptcy.

Their model wasn't working.

They couldn't get to fiscal health.

So this was not the impetus.

The war was not the impetus for Spirit.

Now you've heard that other airlines have talked about requesting a $2.5 billion bailout.

I am in continual contact and my team is in contact with all the CEOs of the airlines.

I would say that at this point, I don't think it's necessary.

They do have access to cash.

If they want to come to the U.S.

government, we would be a lender of last resort.

If they can find dollars in the private markets, I think that's better for them.

If there was a need across the low-cost carriers who had made this request, again, there's not $2.5 billion that's set around in Congress that the executive branch can fund a bailout for those airlines.