Duffy says no bailouts needed for budget carriers (JBLU:NASDAQ)


Business Leaders Speak At The Semafor World Economy Summit

Alex Wong/Getty Images News

The Trump administration doesn’t need to offer financial lifelines for low-cost carriers for now, U.S. Transportation Secretary Sean Duffy said on Saturday after Spirit Airlines (FLYYQ) shut down following an unsuccessful attempt to secure a government bailout.

His remarks followed



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