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Airlines Seek Federal Bailouts Following Spirit Airlines Shutdown as Fuel Prices Rise

Rising jet fuel prices stemming from the war in Iran contributed to the shutdown of Spirit Airlines earlier this month. Since Spirit had been seeking a $500 million federal bailout, other budget airlines are now looking for similar arrangements as the elevated energy costs eat into their bottom lines. Fox...

Rising jet fuel prices stemming from the war in Iran contributed to the shutdown of Spirit Airlines earlier this month. Since Spirit had been seeking a $500 million federal bailout, other budget airlines are now looking for similar arrangements as the elevated energy costs eat into their bottom lines. Fox…

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