Hassett says he was ‘very involved’ in potential Spirit bailout says legal team ruled out a lifeline

White House National Economic Director Kevin Hassett on Sunday said he was “very involved” in the Trump administration’s potential plan to bailout Spirit from financial despair but said legal teams ruled out the possibility of a lifeline for the company. “It’s something that I was very much involved in. We were aware that because the……

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Hassett: Energy shocks from Iran war will affect airline profits for at least a quarter

White House National Economic Council Director Kevin Hassett on Sunday said that energy shocks from the Iran war will affect airline profits for at least a quarter. “Certainly it’ll affect profits for the airlines for a quarter or so, but they’re very, very healthy right now,” Hassett said following Spirit Airlines’ decision to cease operations…….

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