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Budget Airlines Demand $2.5 Billion Bailout From Trump Administration
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Budget Airlines Demand $2.5 Billion Bailout From Trump Administration

Live and Let's Fly·Matthew Klint·about 1 month ago
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First it was Spirit Airlines. Now a wider group of budget carriers reportedly wants billions in federal relief. The White House and Congress should flatly reject this. Budget Airlines Want A $2.5 Billion Bailout According to The Wall Street Journal , several low-cost and ultra low-cost airlines are pitching the Trump administration on a $2.5 billion relief package tied to rising fuel prices and mounting financial pressure. The request reportedly includes: Spirit Airlines (this we already knew) Frontier Airlines Allegiant Air Sun Country Airlines (merging with Allegiant) JetBlue The $2.5 billion represents the combined additional outlay in fuel costs these carriers are facing in light of the Iran War. At this outset: that request should be a non-starter. Airlines operate in a cyclical business. Fuel prices rise and fall, as does demand. Recessions happen. Geopolitical shocks happen. Every airline knows this when it buys aircraft, signs labor deals, adds routes, and markets cheap fares.…

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