U.S. considers using Defense Production Act for Spirit bailout0

• Business, Finance, News, Politics
• April 25, 2026

The Trump administration is weighing whether to invoke the Defense Production Act to support a potential bailout of Spirit Aviation Holdings Inc. according to a person familiar with the matter who requested anonymity because the talks are private. The 1950 law, enacted at the outset of the Korean War, gives the US president broad emergency