Trump administration may use wartime act to save Spirit Airlines

Chanley Painter reports as President Donald Trump explores invoking the Defense Production Act as a legal basis to bail out Spirit Airlines, potentially using its fleet for military use.

The Trump administration is reportedly considering using the Defense Production Act to rescue Spirit Airlines, potentially allowing the Pentagon to utilize the airline's fleet for military transport. Spirit Airlines confirmed advanced discussions with the U.S. government regarding a financial package. President Trump expressed interest in helping to maintain airline operations and jobs.