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Battered Budget Airlines Ask White House For $2.5 Billion Lifeline

Battered Budget Airlines Ask White House For $2.5 Billion Lifeline Budget airlines have requested a $2.5 billion relief package from the Trump administration following a meeting with Transportation Secretary Sean Duffy early last week. This comes as elevated jet fuel prices squeeze operations, and after President Trump confirmed late last week that a possible U.S. takeover of bankrupt Spirit Airlines is under consideration. The Wall Street Journal reports that a group of budget airlines, including Frontier and Avelo, has requested federal support in exchange for convertible equity stakes in the airlines....
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May 20, 2026 / Tyler Durden
Several States Contest Federal Orders Keeping Coal-Fired Power Plants Open
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Feb 23, 2026 / Tyler Durden
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May 23, 2026 / George Omondi Ojwang’
A Schumpeterian Analysis of the Eurobond Scandal through Rothbard’s Cui Bono
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