Meet the Repo Man Retrieving Spirit’s Planes Around the U.S.

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 11 May 2026

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for May 11. When Spirit Airlines stopped flying earlier this month, it left dozens of planes scattered around the country. We hear from WSJ’s Alison Sider about the plane repo men and what it takes to bring the jets back to the companies that own them. Plus, the Trump administration, worried about affordability ahead of November’s midterms, plans to temporarily ease beef tariffs to lower grocery costs. And the Journal has learned that the United Arab Emirates has secretly carried out military strikes on Iran. Our reporter Shelby Holliday explains what drove the U.A.E. to become an active combatant in the war in the Gulf. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Nearly home.
0:02.2	Isn't home where we all want to be?
0:04.4	Reba here for Realtor.com, the pro's number one most trusted app.
0:09.1	A dream home isn't a dream home if it comes with a nightmare commute.
0:12.7	That's why realter.com has real commute, so you can search by drive time.
0:17.7	Download the realtor.com app today because you're nearly home. Make it real with
0:23.5	real with realtor.com. Pro's number one most trusted app based on August 2025 proprietary survey.
0:33.5	President Trump backs suspending the federal gas tax. Plus, the administration's newest attempt to tackle record beef prices.
0:41.3	And meet the guy responsible for getting planes back to their owners after an airline shuts down.
0:46.6	It's not like anybody can just go to an airport and say,
0:48.7	I'm here to repossess a spirit airplane.
0:51.1	It's Monday, May 11th.
0:52.8	I'm Alex Osala for the Wall Street Journal. This is the PM edition
0:56.5	of What's News, the top headlines and business stories that move the world today.
1:10.1	We begin with the latest on the Iran War, which has been in a fragile ceasefire for more than a month.
1:16.0	President Trump told reporters in Washington today that he had rejected Iran's response to a proposal for ending the war.
1:22.1	I would say the ceasefire is on massive life support.
1:26.4	And in the Gulf, we're exclusively reporting
1:28.7	that the United Arab Emirates
1:30.2	has carried out military strikes on Iran.
1:32.9	Iran has targeted the UAE more than any other country,
1:35.9	and in the Gulf, the UAE has become the country
	...

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