Spirit Airlines, Inc. and Frontier Group Holdings, Inc., the parent company of Frontier Airlines, Inc., have officially declared a merger agreement, paving the way for the creation of America’s most competitive ultra-low fare airline.
The collaboration aims to revolutionize the industry by offering more affordable fares to a broader range of travelers across the United States, Latin America, and the Caribbean, including both major cities and underserved communities.
The combined strength of Frontier and Spirit will enhance their financial standing, enabling increased investment in innovation and growth, positioning them for stronger competition against major airlines, including the dominant “Big Four.”
William A. Franke, chair of Frontier’s Board of Directors, expressed pride in partnering with Spirit and Frontier, emphasizing the disruptive potential of the unified airline.
Ted Christie, president and CEO of Spirit, highlighted the goal of democratizing air travel and enhancing customer service.
Mac Gardner, chairman of the board of Spirit, emphasized the shared values and complementary nature of the two companies.
Barry Biffle, president and CEO of Frontier, anticipates the merged entity becoming America’s Greenest Airline, delivering more ultra-low fares to a wider audience.