Budget airlines pitch US government assistance on $2.5 billion relief plan, WSJ reports

Frontier group

27/04/2026 02:39

April 26 (Reuters) - A group of U.S. budget airlines, including Frontier ULCC.O and Avelo, is seeking $2.5 billion in U.S. government assistance in exchange for warrants that could convert into equity stakes in the companies, the Wall Street Journal reported on Sunday.

Reuters could not immediately verify the report.

 (Reporting by Chandni Shah in Bengaluru; Editing by Sumana Nandy)

 ((chandni.shah@thomsonreuters.com))