---
title: "US does not think airline industry needs bailout, has access to cash"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284970625.md"
description: "U.S. Transportation Secretary Sean Duffy stated that the government does not believe a bailout for low-cost airlines is necessary, despite their request for $2.5 billion in relief due to high jet fuel prices. He emphasized that these airlines have access to cash and suggested they seek funding from private markets instead, with the government acting as a lender of last resort if needed."
datetime: "2026-05-02T14:04:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284970625.md)
  - [en](https://longbridge.com/en/news/284970625.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284970625.md)
---

# US does not think airline industry needs bailout, has access to cash

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. (Reporting by David Shepardson, Editing by William Maclean)

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