fromFortune
4 days agoAs Spirit Airlines looks for a lifeline, Frontier and Avelo are asking the Trump administration for $2.5 billion to cover jet fuel costs | Fortune
A group of low-cost airline executives, including those from Frontier and Avelo, met with Transportation Secretary Sean Duffy and Federal Aviation Administration chief Bryan Bedford last Tuesday, reportedly requesting $2.5 billion in government assistance. The airlines will give government warrants that could convert into equity stakes in the company.
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