LCCs Frontier, Spirit Airlines to merge - TravelMole


LCCs Frontier, Spirit Airlines to merge

Wednesday, 07 Feb, 2022 0

The two largest low-cost carriers in the US have agreed to merge.

The integration of Frontier Airlines and Spirit Airlines will create the country’s fifth largest airline.

The cash and stock deal is valued at about $6.6 billion, with Frontier Airlines holding 51.5% and Spirit with the remaining 48.5%.

“It will create America’s most competitive ultra-low fare airline,” said Bill Franke, chair of Frontier.

Franke will become chair of the new combined airline, and hasn’t disclosed a new name or who will be CEO.

“This transaction is centered around creating an aggressive ultra-low fare competitor to serve our guests even better,” said Spirit CEO Ted Christie.

The two airlines have 5.4% of the revenue passenger miles flown by US airlines.

The airlines expect the deal to finalize in the second half of this year.



Related News Stories:  



 

profileimage

TravelMole Editorial Team

Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



Most Read

Bubba O’Keefe on Clarksdale’s Vibrant Music Scene

Commemorating Elvis and Embracing Tupelo’s Culture with Jennie Bradford Curlee

Craig Ray and the Expansion of the Blues Trail

Presenting Mississippi’s Cultural Trails with Katie Coats

Robert Terrell: A Journey Through BB King’s Influence

Rochelle Hicks: Celebrating Mississippi’s Musical Legacy

Exploring Jacksonville with Katie Mitura: The Flip Side of Florida

Tricia Handley-Hughes of Inteletravel announces the location for the TravelQuest 2025 conference

Insights from James Ferrara on Inteletravel’s Growth and Future

Tricia Handley-Hughes on Inteletravel’s Growth and Challenges

Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail

Sophia Hyder Hock on Global Social Inclusion in Tourism
TRAINING & COMPETITION

Our emails to you has bounced travelmole.com Or You can change your email from your profile Setting Section

Your region selection will be saved in your cookie for future visits. Please enable your cookie for TravelMole.com so this dialog box will not come up again.

Price Based Country test mode enabled for testing United States (US). You should do tests on private browsing mode. Browse in private with Firefox, Chrome and Safari

true