Spirit Airlines Shuts Down Due to Iran War Fuel Crisis. Other Low-Cost Airlines Could Be Next

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His interest drew concerns from Republicans and Democrats alike, though, who questioned whether a takeover of Spirit was the best use of U.S. tax dollars.

“The government doesn’t know a damn thing about running a failed budget airline,” Senate Republican Sen. Ted Cruz said on X in April.

In Davis’s statement, he thanked the Administration “for their extraordinary efforts to try to preserve jobs and service across the country.”

In a statement on Saturday, Duffy and the Transportation Department said that other airlines are capping ticket prices for Spirit customers looking to rebook their flights. 

Are other low-cost airlines under threat?

Since the beginning of the U.S.-Israeli attack on Iran on Feb. 28, the price of  jet fuel has increased by nearly 70% in the U.S., according to the Argus U.S. Jet Fuel Index.

The crisis has impacted practically every airline and air traveler, raising prices and creating travel uncertainty. 

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