A Spirit Aviation Holdings Inc.
Green Bay Packers Models
Hunter Peterson, a fan of the airline, kicked off the fundraiser as a joke, according to a Business Insider report on Sunday, which has since gathered steam. The official website, dubbed "Spirit 2.0," shared that over $88,071,428 had been unverified pledges had been made to the fundraiser before it crashed.
The website illustrates that the Spirit 2.0 model would be based on the National Football League (NFL) team Green Bay Packers, which is owned by over 360,000 fans who act as shareholders.
"No billionaire can move the team. No hedge fund can gut it for parts," the website said. "Owned by us," the official website says. Peterson's post on the social media platform Instagram went viral and has amassed over 321,000 likes, as well as 5.6 million views.
A minimum pledge of $45 is required to become a shareholder in the Spirit 2.0 model and the website says that "every verified member gets one vote" no matter how much they contribute.
Elizabeth Warren Criticizes Trump Over Spirit
Following Spirit's collapse, Sen. Elizabeth Warren (D-Mass) criticized President Donald Trump, saying that the ongoing war with Iran had resulted in skyrocketing fuel prices that have led to the budget airline ceasing its operations.
On the other hand, Treasury Secretary Scott Bessent, in turn, blamed the previous Joe Biden administration for preventing a merger between Spirit and JetBlue Airways Corp
Spirit isn't the only low-cost operator facing challenges due to rising fuel prices. Budget airline operators Frontier Group Holdings Inc.
