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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 purchase the airline. Peterson's idea draws inspiration from the Green Bay Packers, a publicly owned NFL team. So far, over 370,000 people have pledged $337 million, though experts warn of significant regulatory hurdles. Spirit Airlines has faced financial struggles, declaring bankruptcy twice and accumulating $8.1 billion in debt by 2025. Peterson aims to secure legal funds for a purchase offer, with support from Spirit's flight attendants union.

AI summary · Source: Telemundo McAllen (KTLM)

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