Three news items just from the last three hours. First, Lufthansa airline canceling thousands of flights because of increased fuel cost. Second, the American Airlines, Spirit Airlines on the verge of bankruptcy, with the US Government considering the need to bail out Spirit Airlines. And finally, an announcement within the last couple of hours by United Airlines, one of our largest carriers, that they believe they may have to increase airfares by up to … (00:34–00:44)
CLAIM
Asserts that American Airlines and Spirit Airlines are near bankruptcy, and the US Government may bail out Spirit Airlines.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
