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Rising fuel costs put budget airlines under pressure as Spirit faces bankruptcy

EPISODE · Apr 30, 2026 · 6 MIN

Rising fuel costs put budget airlines under pressure as Spirit faces bankruptcy

from PBS News Hour - Segments · host PBS News

As 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. PBS News is supported by - https://www.pbs.org/newshour/about/funders. Hosted on Acast. See acast.com/privacy

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Rising fuel costs put budget airlines under pressure as Spirit faces bankruptcy

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