John Ostrower
๐ค SpeakerAppearances Over Time
Podcast Appearances
I mean, look, there are structural things happening in U.S.
aviation that are going to make this really, really, really challenging.
And the cost for a low cost carrier, ultra low cost carrier to operate approaches the cost for a legacy airline to operate.
And as those get closer and closer, it makes it virtually impossible to operate.
for a budget carrier to deliver enough revenue to cover your costs and support your growth and whatever other business goals you have.
The trajectory that the US airline industry is on right now points to higher fares.
That's you look at all the economic inputs, you look at all the big picture, small picture.
Yes, flying in America is going to get more expensive.
John Ostrower is the editor-in-chief of Air Current.
Coming up, in the final hours of Spirit in the Sky, President Trump was asked about a bailout, and he said this.
She used to work for the Congressional Budget Office and she helped create a division for bailouts.
Deborah, is there an ideal government bailout of a private company?
Any other criteria, anything else you would say makes a successful intervention versus a failed intervention?
All right, so you and I both remember the great financial crisis, the government bailing out companies, bailing out entire industries.