Budget Airlines Ask Trump Administration for Billions as Fuel Costs Rise
A trade group representing low-cost airlines is requesting $2.5 billion from the Trump administration to help offset rising jet fuel costs driven by the conflict with Iran. The Association of Value Airlines says fuel prices have nearly doubled since February, creating financial strain and forcing carriers to raise ticket prices. Separately, Spirit Airlines is negotiating a $500 million government loan that could give the government up to 90% ownership. The proposed aid aims to stabilize operations and maintain affordable airfares during the period of market volatility.
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#masthead-section-label, #masthead-bar-one { display: none }War in the Middle EastU.S.-Iran TalksIsrael-Lebanon TruceStrait of HormuzGenerals Running IranTimeline of WarAdvertisementSKIP ADVERTISEMENTYou have a preview view of this article while we are checking your access. When we have confirmed access, the full article content will load.Supported bySKIP ADVERTISEMENTBudget Airlines Ask Trump Administration for Billions as Fuel Costs RiseA trade group for the airlines is seeking $2.5 billion to help offset the big jump in jet fuel costs since the start of U.S.-Israeli attacks against Iran.Listen · 7:03 min Share full articleA trade group that represents low-cost carriers including Frontier Airlines is seeking $2.5 billion from the Trump administration to offset some fuel…
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