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John Ostrower

๐Ÿ‘ค Speaker
186 total appearances

Appearances Over Time

Podcast Appearances

Today, Explained
RIP Spirit Airlines

I mean, look, there are structural things happening in U.S.

Today, Explained
RIP Spirit Airlines

aviation that are going to make this really, really, really challenging.

Today, Explained
RIP Spirit Airlines

And the cost for a low cost carrier, ultra low cost carrier to operate approaches the cost for a legacy airline to operate.

Today, Explained
RIP Spirit Airlines

And as those get closer and closer, it makes it virtually impossible to operate.

Today, Explained
RIP Spirit Airlines

for a budget carrier to deliver enough revenue to cover your costs and support your growth and whatever other business goals you have.

Today, Explained
RIP Spirit Airlines

The trajectory that the US airline industry is on right now points to higher fares.

Today, Explained
RIP Spirit Airlines

That's you look at all the economic inputs, you look at all the big picture, small picture.

Today, Explained
RIP Spirit Airlines

Yes, flying in America is going to get more expensive.

Today, Explained
RIP Spirit Airlines

John Ostrower is the editor-in-chief of Air Current.

Today, Explained
RIP Spirit Airlines

Coming up, in the final hours of Spirit in the Sky, President Trump was asked about a bailout, and he said this.

Today, Explained
RIP Spirit Airlines

Turned out not to be, I guess.

Today, Explained
RIP Spirit Airlines

What makes a good bailout deal?

Today, Explained
RIP Spirit Airlines

We're going to ask an expert.

Today, Explained
RIP Spirit Airlines

She used to work for the Congressional Budget Office and she helped create a division for bailouts.

Today, Explained
RIP Spirit Airlines

Deborah, is there an ideal government bailout of a private company?

Today, Explained
RIP Spirit Airlines

Okay, so do it cheap.

Today, Explained
RIP Spirit Airlines

Do it effectively, do it quick.

Today, Explained
RIP Spirit Airlines

Any other criteria, anything else you would say makes a successful intervention versus a failed intervention?

Today, Explained
RIP Spirit Airlines

All right, so you and I both remember the great financial crisis, the government bailing out companies, bailing out entire industries.