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US budget airlines are struggling. Will pursuing premium passengers solve their problems?
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FILE - A Frontier Airlines jet takes off from Denver International Airport on July 5, 2022, in Denver. - photo by AP Photo/David Zalubowski, File
DALLAS (AP) — Delta and United have become the most profitable U.S. airlines by targeting premium customers while also winning back a significant share of travelers on a tight budget. That is squeezing smaller low-fare carriers like Spirit Airlines, which filed for bankruptcy protection on Monday. Some travel-industry experts think Spirit’s troubles indicate that travelers on a budget will be left with fewer choices and higher prices.