Hunter Peterson, known for flying the budget carrier “24 hours straight” last year, started the grassroots campaign on the same day that Spirit shut down last weekend. He said he hoped people would rally behind his long-shot idea. The concept would allow people who pledge at least $45, the average price of a one-way Spirit ticket, to own Spirit Airlines 2.0.
Peterson has been documenting progress on the idea to his social media followers in the week since Spirit collapsed. In one video, he said a law firm that specializes in aviation mergers and acquisitions told him the plan was “doable.”
He also spoke with someone who represents investors who could back his vision through a legal fund. The plan is facing a time crunch, though. Spirit’s assets are being auctioned off soon.
“I can’t take any money from anyone, but I can take on angel investment from high-net-worth individuals,” Peterson said, urging billionaire Mark Cuban to DM him.
Each announcement video he posts plays the 1969 song
“Spirit in the Sky” in the background.
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