On Monday, February 7, Spirit and Frontier Airlines announced a merge that would create America’s fifth largest airline. They proposed a 2.9 billion dollar deal. It is said to be a 6 billion dollar deal in total.
These are two of the low cost airlines that very often you can find round trip flights for under $100. You have to pay for extras, but great deals are easy to find if you don’t mind just having the basics.
Both airlines were hit hard by the pandemic. On Monday, Frontier and Spirit reported they suffered fourth quarter losses of 87.2 million for Spirit and 53 million for Frontier. They said the company combined will grow and create 10,000 new jobs by 2026.
It has yet to be approved by federal regulators. Critics say that this will be a bad merger for consumers, though. Although more cities will be flying to, there will no longer be competition between the two airlines for who has the lowest price. It is said that the more airlines in the mix, the better deals customers will get. Only time will tell to see if this is true.
Here’s the official email that was sent out by Frontier Airlines:
Dear Valued Customer,
We are reaching out with important news: we are joining forces with Spirit Airlines, creating America’s most competitive ultra-low fare airline. This exciting transaction is a win for you and the communities we serve.
So, what does it mean to be America’s most competitive ultra-low fare airline? Simply put, we will bring you more ultra-low fares to more destinations across the United States, Latin America and the Caribbean.
We are pleased to let you know about the benefits of bringing our airlines together for our consumers. With our combination, you will be able to:
Access more ultra-low fare flights across complementary networks The combined airline will offer more than 1,000 daily flights to over 145 destinations.
Enjoy more ultra-low fares. We expect to deliver $1 billion in annual consumer savings.
Count on us. We will be able to deliver more reliable service and offer you a broader schedule choice in many markets.
Be rewarded. Our combined airline will have expanded offerings for our FRONTIER Miles and DISCOUNT DEN members.
What This Means for You
While there are many reasons to be excited today, please keep in mind that this announcement is just the first step. We expect to close the transaction in the second half of 2022. Between now and then, FRONTIER and Spirit will operate separately, and it is business as usual. At FRONTIER, we are focused on delivering Low Fares Done Right. As we move through this process, we will keep you updated on important developments.
All FRONTIER consumers – including our FRONTIER Miles℠ frequent flyers, FRONTIER Airlines World Mastercard® holders, and Discount Den® members – can look forward to more ultra-low fares on an expanded fleet through this combination. The benefits of these programs remain unchanged: you can continue to earn miles and save when you fly with Frontier. Your existing miles and points will continue to be honored, and there will be no impact to your membership program.
You can continue to book travel and track and manage flights on www.flyfrontier.com or through our mobile app, as you always have.
Thank you for your business and continued support of Frontier. We remain committed to providing you safe, reliable and affordable travel and look forward to serving you on your next flight and beyond.
President and Chief Executive Officer of Frontier Airlines
Keep up with all the latest Disney information on Disney Tips and like our Facebook Page.