The low-cost carrier, which had been struggling for years, announced it will cease operations. Spirit had been seeking a $500 million lifeline from the White House, but talks failed to yield a deal.
jet fuel prices
Posted inNPR
Airlines in Europe slash thousands of flights as Iran war cuts jet fuel supplies
The soaring cost of jet fuel is forcing European airlines to cancel tens of thousands of flights, while energy authorities warned of a possible jet fuel shortage if supplies aren’t replenished soon.
Posted inNPR
Jet fuel prices double, leading airlines to increase baggage fees, raise fares
Airlines are facing higher costs, and one airport group in Europe has warned of the risk of a “systemic jet fuel shortage” if traffic through the Strait of Hormuz doesn’t normalize by the end of this month.
