We're Going to Buy Spirit: A Man's Viral Plan to Revive the Airline
· Telemundo McAllen (KTLM)
Hunter Peterson, a 22-year-old voice actor, has launched a viral crowdfunding campaign to revive Spirit Airlines, which ceased operations on May 2. He proposes that if one-fifth of Americans contribute $45 each, they could collectively buy the airline. Peterson's idea, inspired by the community ownership model of the Green Bay Packers, has garnered $337 million in pledges from over 370,000 supporters. However, experts warn that regulatory hurdles could impede the plan. Spirit Airlines has faced financial struggles, declaring bankruptcy twice and accumulating $8.1 billion in debt by 2025. Peterson is consulting lawyers to navigate the complexities of his proposal.
AI summary · Source: Telemundo McAllen (KTLM) →
