previously spoke to reporters<\/a> about the possibility of a taxpayer-funded bailout.<\/p>\n\u201cWell, we\u2019re looking at it, but if we can\u2019t make a good deal, no institution has been able to do it,\u201d Trump said. \u201cI said \u2018I\u2019d like to save the jobs.\u2019\u201d<\/p>\n
With the bailout, the government would\u2019ve been given as much as a 90% stake in the struggling company, but the proposed deal fell apart due to disagreements with the Trump administration and pushback from other creditors.<\/p>\n
Despite recent moves to slash routes and trim their fleet of aircraft and rising jet fuel prices, the organization\u2019s efforts to continue operating were not enough.<\/p>\n
Now, many customers may not get refunds.<\/p>\n
\u201cThey\u2019re gonna be focused on their creditors, trying to get back as much money as they can there. Consumers unfortunately fall towards the bottom end of the priority chain in a liquidation event,\u201d said Nick Ewin, Senior Editorial Director at The Points Guy.<\/p>\n
The Dania Beach based airline employed nearly 20,000 people as well as thousands of contractors, with nearly half of them in South Florida, leaving their fate uncertain.<\/p>\n
Passengers shared their concerns about their flights as well.<\/p>\n
\u201cWhat\u2019s going to happen when we come back?\u201d asked a woman.<\/p>\n
\u201cOh, we\u2019re going to be stuck,\u201d said a man.<\/p>\n
\u201cI guess we\u2019ll have to wait and see,\u201d said the woman.<\/p>\n
Numerous airlines such as American Airlines and JetBlue have offered to help passengers through special routes and capped fares to help fliers get home.<\/p>\n
Copyright 2026 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.<\/p>\n
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