Airlines on the Brink: No Bailout Says U.S. Transport Chief
Published on: May 2, 2026, 7:35 p.m. | Source: Devdiscourse
U.S. Transportation Secretary Sean Duffy announced that he believes government bailouts are unnecessary for low-cost airlines seeking $2.5 billion in relief due to high jet fuel costs. Instead, he suggests they seek private market funding, positioning the government as a last resort lender.
