Rising fuel costs put budget airlines under pressure as Spirit faces bankruptcy
April 30, 2026
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6:32Now PlayingRising fuel costs put budget airlines under pressure as Spirit faces bankruptcy
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as posted by the channelAs the war with Iran sends jet fuel prices soaring, several U.S. budget airlines are asking the federal government for a $2.5 billion lifeline. The appeal comes as Spirit Airlines faces potential bankruptcy and is negotiating separately for a $500 million government bailout. Reuters aviation, transportation and technology correspondent David Shepardson joins Geoff Bennet to discuss.
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