US Transportation Secretary Duffy says Congress would have to get involved with providing USD 2.5bln in aid to low-cost airlines

The comment from Transportation Secretary Duffy indicates a potential shift in federal support aimed at low-cost airlines, which may lead to a new dynamic in the sector amid ongoing economic challenges. If Congress provides the proposed aid, it could stabilize the airline industry, impacting not only equities within the sector but also broader market sentiment towards transportation and related industries.