WASHINGTON, May 2 (Reuters) - U.S. Transportation
Secretary Sean Duffy said Saturday he does not think the
government needs to bail out low-cost airlines that have sought
$2.5 billion in government relief because of high jet fuel
prices.
"I would say that at this point, I don't think it's
necessary. They do have access to cash. If they want to come to
the U.S. government, we would be a lender of last resort. If
they can find dollars in the private markets -- I think that's
better for them," Duffy said at a press conference at Newark
airport.