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On May 16, 2022, Fort Lodardil, Florida, border airlines near the Spirit Airlines airport at the Fort Lodard Galivud International Airport.
Joe Redl | Gets the image
Frontier Airlines follows customers Spirit AirlinesWhose financial basics have become so shaky in recent weeks that they have warned earlier this month survive another year Without more money.
Frontier on Tuesday announced 20 routes that plan to start this winter, many of them in major markets as its base at the Fort -Lodard In Fort. The border is overlapped by 35% of its power, more than any other airline, Deutsche Bank Airline Michael Linenberg said on Monday.
Some of the new Frontier routes from Fort -Lodardila include flights to Detroit, Houston, Chicago and Charlotte, North Carolina. It also pursues routes from Houston to New Orleans; San Pedr Sula, Honduras; And the city of Guatemala.
The border tried and failure by merge With his budget opponent several times since 2022.
“I’m not here to talk about M&A,” said the CEO of Frontier Barry in an interview with CNBC on Tuesday when asked if Frontier will buy Spirit. Bifl said he expects Frontier to pick up the majority of the Spirit market when the spirit falls apart.
Both carriers struggled with clients’ change for additional places for supermarkets and travel abroad, excessive internal power, higher jobs and other costs. Spirit The situation has become more terrible However, after a bankruptcy defense that faces many of the same problems appeared in March.
Ultra-none airlines are also disputed by greater competitors as United Airlines. US Airlines. Delta Air Lines The tickets that have rolled out their main economies, but also offer customers a greater choice of directions and other benefits on board, like snacks and drinks.
Prices for competitive airlines have risen after the Spirit warning earlier this month.
BIFFLE said the carrier wants to become the largest budget airline and launched loyalty conformity to seize more customers. In the second quarter, Frontier’s power was a little smaller than the spirit, the last cut its flight almost 24% compared to a year earlier, and Frontier decreased by only 2%.
Last week, Spirit said he reduced as many as $ 275 million, and while he reached a two -year expansion of the Credit Card Treatment Agreement with the US National Association, he agreed that he would restrain up to $ 3 million a day from the carrier.
In the second quarter, the airline lost $ 245.8 million. Limit missing $ 70 million.
Spirit is looking for ways to cut costs, including supply And the demonstration of hundreds of pilots and reducing unprofitable routes. Hundreds of flight attendants are on unpaid absence leaves.
CEO of spirit Dave Davis In a note of employees on August 12 after his “experience”, warning that “the team and I am sure that we can build a spirit that will continue to provide consumers with unmatched value they have been waiting for years.”
The carrier has reached an agreement with the owners of the bonds who agreed to transform the capital’s debt into the bankruptcy of the head 11, but this did not reduce other costs such as negotiating aircraft rent. In recent weeks, leasing firms have been referring to competitors to evaluate whether competitors will take any Airbus planes in the hands of the Spirit, according to people who are familiar with this issue.
– CNBC Phil Lebo He contributed to this report.