Business Rundown: Project Freedom Takes Off, Wheels Down For Spirit Airlines

About this episode

The episode discusses U.S. military operations in the Strait of Hormuz and the closure of Spirit Airlines.

The United States military is now escorting merchant ships from other nations out of the Strait of Hormuz. Despite threats from the Iranian regime, the U.S. reported that two American-flagged vessels have successfully exited the waterway. FOX Business Network Contributor Phil Flynn is a Senior Market Analyst with the Price Futures Group, he joins FBN’s Gerri Willis to discuss what the outcome of the operation could look like. Plus, Spirit Airlines has gone out of business after decades in the air. Was the closure an effect of soaring fuel prices or an issue that’s been going on for years? Learn more about your ad choices. Visit podcastchoices.com/adchoices

People in this episode

Host: Gerri Willis

Guest: Phil Flynn

Topics covered

• military operations
• shipping security
• airline industry
• business news
• fuel prices

Keywords

• military escort
• merchant ships
• Strait of Hormuz
• Spirit Airlines
• fuel prices

Mentioned in this episode

Organizations: United States military, Iranian regime, Price Futures Group, FOX Business Network, Spirit Airlines

Places: Strait of Hormuz

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