Paddle Your Own Kanoo
• Mateusz Maszczynski
Duffy says no $2.5B government bailout for budget airlines after Spirit shutdown; credit-driven closure and new relief steps for
Transportation Secretary Sean Duffy said the Trump administration does not need to bail out low-cost carriers seeking about $2.5 billion in government relief, following Spirit Airlines’ sudden shutdown. Duffy said Spirit’s closure was driven by a creditor issue and that the administration had prepared for the airline to stop operating, then announced relief measures for passengers and employees.
