Frontier and Spirit Airlines have announced that they plan to merger. The combination between the two low cost airlines would make them the fifth largest airline in America. The merger is priced at $6.6 billion and is set to take place in the second half of 2022.
No word has been released on who will become the brand that the company flies under or if they will create a new name. With the merger, they will offer 1,000 flights per day to 145 different locations in the United States, Latin America, and the Caribbean. A tweet released by Frontier airlines today stated that with the merger they would have 283 aircrafts, travel to 19 countries, and add 10,000 new direct jobs by 2026. Frontier is also touting that this merger will bring $1 billion in annual customer savings.
— Frontier Airlines (@FlyFrontier) February 7, 2022
CNN reports that Spirit and Frontier have a somewhat low favorability in passengers eyes with both companies having the airline industry’s worst customer satisfaction ratings.
In an email today, Frontier’s CEO Barry Biffle stated that the two companies are merging to create “America’s most competitive ultra-low fare airline.” His email also stated that Frontier can now offer a “broader schedule choice in many markets.”
Until the merger is complete, Frontier and Spirit will operate separately with their own reward programs, discounts, and credit cards. Airline passengers can still book through Frontier and Spirit’s websites for their low fares. Both Frontier and Spirit charge for nearly every add on that you can think of including luggage and seat options, so keep that in mind when looking at the amazing prices of airline tickets with these two companies.
The deal needs to be approved by federal antitrust regulators, and CNN added that the Biden administration has stood firm and aggressive on antitrust issues. They recently blocked an alliance between American and JetBlue – which was close to a merger.
With this merger and the additional areas that will be serviced, the more likely that getting to Walt Disney World or Disneyland will be even easier and maybe even cheaper.
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