Spirit Airlines, a budget carrier based in Florida, is currently navigating bankruptcy and seeking a $500 million bailout from the U.S. government. The International Association of Machinists and Aerospace Workers, representing the airline's ramp service employees, insists that any financial assistance must include protections against layoffs and furloughs, emphasizing the importance of safeguarding over 17,000 jobs. The airline's financial difficulties have been exacerbated by soaring fuel prices since the onset of the Iran war. Spirit's attorney, Marshall Huebner, noted that liquidation would lead to billions in claims and a significant loss of jobs. The proposed government financing would come with conditions, including equity warrants amounting to 90 percent of Spirit's value. President Trump has indicated a willingness to consider purchasing the airline if the price is right, highlighting the urgency of securing new financing or accessing $240 million in funds by the end of next week. The prospect of a government bailout has sparked controversy within the airline industry and among Republican Party members.