{"id":121680,"date":"2022-02-07T19:30:00","date_gmt":"2022-02-07T19:30:00","guid":{"rendered":"https:\/?p=121680"},"modified":"2022-02-08T00:05:23","modified_gmt":"2022-02-08T00:05:23","slug":"spirit-airlines-and-frontier-airlines-announce-merger","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2022\/02\/spirit-airlines-and-frontier-airlines-announce-merger.html","title":{"rendered":"U.S.-based Spirit Airlines and Frontier Airlines announce merger."},"content":{"rendered":"\n

Spirit Airlines<\/strong>, and Frontier Group Holdings, parent company of Frontier Airlines<\/strong>, monday announced a definitive merger agreement under which the companies will combine, creating America\u2019s most competitive ultra-low fare airline.<\/p>\n\n\n\n

\u2192 Delta Air Lines among world\u2019s most admired companies.<\/a><\/strong><\/em><\/p>\n\n\n\n

Together, Frontier and Spirit expect to change the industry for the benefit of consumers, bringing more ultra-low fares to more travelers in more destinations across the United States, Latin America and the Caribbean, including major cities as well as underserved communities. The stronger financial profile of the combined company will empower it to accelerate investment in innovation and growth and compete even more aggressively, especially against the dominant \u201cBig Four\u201d[1] airlines, among others.<\/p>\n\n\n\n

William A. Franke, the Chair of Frontier\u2019s Board of Directors and the managing partner of Indigo Partners, Frontier\u2019s majority shareholder, noted that Indigo has a long history with both Spirit and Frontier, and is proud to partner with them in creating a disruptive airline. \u201cWe worked jointly with the Board of Directors and senior management team across both carriers to arrive at a combination of two complementary businesses that together will create America\u2019s most competitive ultra-low fare airline for the benefit of consumers.\u201d<\/p>\n\n\n\n

\u2192 Southwest Airlines will resume selling alcohol on flights after almost two years.<\/a><\/strong><\/em><\/p>\n\n\n\n

\u201cWe are thrilled to join forces with Frontier to further democratize air travel,\u201d said Ted Christie, President and CEO of Spirit. \u201cThis transaction is centered around creating an aggressive ultra-low fare competitor to serve our Guests even better, expand career opportunities for our Team Members and increase competitive pressure, resulting in more consumer-friendly fares for the flying public. We look forward to uniting our talented teams to shake up the airline industry while also continuing our commitment to excellent Guest service.\u201d<\/p>\n\n\n\n

\u201cTogether, Frontier and Spirit will be America\u2019s Greenest Airline and deliver more ultra-low fares to more people in more places,\u201d said Barry Biffle, President and CEO of Frontier. \u201cI couldn\u2019t be more excited for our team members, customers, partners, the communities we serve and our shareholders.\u201d<\/p>\n\n\n\n

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