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.
Venezuela is to raise crude shipments to 1.06mln bpd and fuel sales to 134k by year-end, PDVSA vice president says
[MARKET UPDATE] US equity futures open around flat (ES +3 points, NQ +5 points); T-Note futures U/C; WTI futures +USD 0.10/bbl; Spot XAU +USD 3/oz
US Transportation Secretary Duffy says Congress would have to get involved with providing USD 2.5bln in aid to low-cost airlines
Newsquawk Daily Asia-Pac Opening News - 28th April 2026
US and Iran are not as far apart as they seem, and that the first part of any potential agreement will focus on opening the Strait of Hormuz without restrictions or fees, CNN reports, citing sources
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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.
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