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President Trump offered few details on how the new program, which he called Project Freedom, would work, but said interference would be dealt with "forcefully."
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Even in its reduced state, the company played an important role in forcing other airlines to keep fares low, some experts said.
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The government says it wants to reduce the likelihood of last-minute flight cancelations over the summer amid uncertainty over the Iran war.
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Composer Adrian Younge talks about being inspired by the spy-thriller sound of 60s and 70s jazz, what it's like being sampled and why his music has a cinematic feel.
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Iran warned President Trump's naval blockade was "doomed to fail" as oil prices soared to their highest point in years with the standoff over the Strait of Hormuz wreaking havoc on the global economy.
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