Kevin Hassett criticizes Spirit Airlines over Iran war fuel price closure claim

5 articles · Updated · HuffPost · May 4

On CBS on Sunday, Hassett said Spirit shut on Saturday after two Chapter 11 filings and blamed failed management, not the fuel shock.
He said rival airlines hedged jet-fuel purchases and remain healthy, though higher costs could dent profits for a quarter or so.
Hassett said a previously discussed $500 million rescue was unworkable because creditors were moving to liquidate Spirit after the blocked JetBlue merger left it on the ropes.

If most airlines don't hedge fuel, which carrier is next to fall in the face of rising costs?

Did the attempt to save consumers from a merger ultimately cost them an airline and higher fares?