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The CEOs of major low-cost airlines ​are set to meet ‌Tuesday with U.S. Transportation Secretary Sean Duffy as they ​urge Congress to ​provide temporary tax relief to ⁠partially offset the ​soaring cost of jet fuel ​sparked by the war with Iran.

A group representing Spirit Airlines, ​Frontier Airlines (ULCC.O), Allegiant ​Air (ALGT.O), Sun Country (SNCY.O) and Avelo last ‌week ⁠wrote leaders in Congress asking lawmakers to pass legislation to suspend the ​7.5% ​federal ⁠excise tax on airline tickets and $5.30 per ​segment tax. Waiving ​the ⁠fees would offset about one-third of the incremental ⁠cost ​of higher jet ​fuel, said the Association of ​Value Airlines.


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