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International Business Times
International Business Times
National
Brian Slupski

Low-Fare Airlines Seek Federal Bailout As Iran War Spikes Jet Fuel Prices: Report

Iran Ava Spirit Donald Trump Spirit Airlines White House
Budget airlines like Spirit have been hit hard by rising jet fuel prices.

Low-fare airlines have banded together and asked the Trump administration for a $2.5 billion bailout because of the rising cost of jet fuel spurred by the Iran war.

The Association of Value Airlines (AVA), a trade organization for value airlines, said that its members were working collaboratively and looking for help from the Trump administration. Last week, member air carriers, which include Spirit, Frontier, Avelo Air, Allegiant Air, and Sun Country, met with Transportation Secretary Sean Duffy.

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