Analysts warn that as higher ticket prices push travelers to drive instead of fly, demand for gasoline will rise at a moment when supply is already strained.
President Donald Trump has floated the idea of the government helping, or even buying, the struggling budget airline Spirit, reviving old questions about when, if ever, these bailouts are justified.
Spirit Airlines is in the spotlight this week after cancelled flights led to a near riot at its hub in Fort Lauderdale. The discount airline blamed “unlawful labor activity” by the pilots during contract negotiations, with their refusal to work some flights causing hundreds of cancellations. The union has denied the accusation but says its […]
