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... may have to increase airfares by up to 20% for some significant time into the future to recoup the cost of additional aviation fuel. If you just think back to February 27th, it seems like a long time ago now because so much has happened. Less than two months ago, oil prices were normal. (00:47–01:03)
CLAIM
Asserts that United Airlines might increase airfares by up to 20% due to fuel costs.
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.
