The viral TikTok $1.75 billion bid to save Spirit Airlines is fighting the wrong villain
A viral TikTok campaign, spearheaded by a voice actor, has proposed a crowd-funded bid of $1.75 billion to save Spirit Airlines from dissolution. The initiative, which has garnered over $132 million in non-binding pledges, aims to leverage public support to purchase the airline, drawing parallels to community-owned entities like the Green Bay Packers. However, the campaign's premise faces criticism for misidentifying the cause of Spirit's financial distress and for potentially flawed comparisons to existing ownership models. AI
