Is there a grassroots campaign to crowdsource the purchase of Spirit Airlines?
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Yes, there has been a viral grassroots campaign that aims to let the public buy Spirit Airlines.
Crowdsource Purchase Campaign
- The campaign, called “Spirit 2.0 — Owned by the People,” asks passengers, employees, and supporters to pledge money to acquire the airline’s assets.
- Organizers claim more than 512,000 people have pledged nearly $437 million, though the pledges are non‑binding and no cash has actually been collected.
- Earlier reports mentioned 36,605 “founding patrons” and $22.8 million in pledges, far short of the $1.75 billion target.
- The effort promises a Green Bay Packers‑style community ownership model with one‑person‑one‑vote and profit sharing based on pledge amount.
- No concrete business plan or strategy for operating the airline has been presented, and critics note the lack of a path to profitability.
- Scammers have exploited the campaign by creating fake websites that solicit real money, warning participants to avoid domains like “LetsBuySpirit.org”.
- The campaign’s organizer, voice actor Hunter Peterson, has publicly warned that the fraudulent sites are not associated with him and urged people not to send money.
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Viral Grassroots Effort To Buy Spirit Airlines Claims $22 Million In Pledges — But Has No Cash And No Business Plan
With Spirit Airlines out of business there’s an attempt at a grass roots effort for “the people” to buy it. The project, “Spirit 2.0 — Owned by the People,” is seeking pledges from passengers, employees, and communities, to acquire the carrier’s assets – with one member, one vote (regardless of investment) but profit sharing based on pledge amount. The new carrier would offer worker equity through an Employee Stock Ownership Plan, capped executive pay, open books, and “affordable fares” in a Green Bay Packers-style community ownership model applied to aviation. But website pledges are non-binding, they’re not actually
View from the Wing 30%
Viral Effort To Buy Spirit Airlines Claims $437 Million In Pledges — Now Scammers Are Stealing Their Money
The Bulkhead Seat 22%
Spirit 2.0? Unlikely Viral Campaign Aims to Turn Defunct Airline Into Public Company