00:05We had an airline go down because the markets were trying to allow two airlines to merge,
00:11make them stronger, and offer more competition for the American consumer.
00:16Also, Elizabeth Warren at the time cheered the blocking of the merger,
00:20saying that this was a Biden win for flyers.
00:26So, again, I think it's important.
00:34There was a number of ideas being floated on how the government could step in and be helpful to Spirit
00:40Airlines.
00:41The president was like a dog on a bone, trying to figure out a way to keep Spirit afloat.
00:48He was concerned about the employees of Spirit.
00:51I was in the Oval many times hearing him talk about the employees and the customers.
01:03In the end, this was a creditor issue.
01:05Again, they have the final say of whether they want to do a deal with the government.
01:09But also from the government's perspective, we oftentimes don't have a half a billion dollars laying around in a spare
01:15account that we can put into a bailout of an airline.
01:19So, there was creative thinking on how it could happen.
01:22Those two things never materialized.
01:25There was a significant effort by President Trump and the administration to make it happen.
01:31But it means...
01:35What the hell is that?
01:37What the hell is that?
01:41You know what you mean?
01:43You know what you mean?
01:55You know, he's at the point of the commando.
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