Trump Says He’s Weighing US Purchase of Spirit Airlines (2)

President Donald Trump said he is considering having the US purchase Spirit Aviation Holdings Inc., saying it could be a potentially good investment for the federal government.

Trump’s comments come as the administration has been weighing a financial rescue package for the beleaguered airline.

“We’re thinking about doing it, helping them out, I mean bailing them out, or buying it,” the president told reporters Thursday. “We’d be getting it virtually debt free. They have some good aircraft and good assets.”

The proposal under consideration, referenced by the president, continues to have the same parameters as earlier in the week, ...