US airlines seek $2.5B war-related bailout

The Trump administration is reportedly considering offering Spirit Airlines a $500 million loan to avoid the airline's liquidation. In exchange for the financial lifeline, the Pentagon would receive a significant stake in the low-cost carrier. This development follows a separate request from a coalition of budget airlines, including Frontier and Avelo, for a $2.5 billion war-related bailout due to high fuel prices. The potential government intervention highlights the financial strain on the aviation sector amid the ongoing Iran war.