Frontier Airlines adds new MEM flight
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The Denver-based carrier posted an adjusted net loss of $68 million in Q1 and warned of a bigger loss ahead as jet fuel prices climb
Frontier Group, the parent of low-cost carrier Frontier, forecast a bigger-than-expected second-quarter loss on Tuesday, as the war in Iran drives jet fuel prices higher and erodes margins.
After Spirit Airlines shutters operations, other discount airlines move quickly to add new routes from Fort Lauderdale.
Wall Street seems to have crowned Frontier Airlines as the main beneficiary of Spirit Airlines’ demise — judging by the stock’s 20% move higher this week. Markets also like that Frontier has enough liquidity to withstand the onslaught of rising jet-fuel prices.
The push to capture Spirit’s former flyers comes after the Florida-based airline shut down Saturday morning following a failed federal rescue effort.
Frontier Airlines is moving to capture demand left by Spirit Airlines’ sudden shutdown, aiming to boost revenue on over 100 overlapping routes despite projecting a larger-than-expected quarterly loss from soaring jet fuel prices tied to the war in Iran.
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Retiring Spirit Airlines pilot is surprised with a very emotional send-off after his final flight was canceled due to airline shutting down
Partly due to the uncanny timing, this retiring Spirit Airlines pilot received a surprise send-off that he probably wouldn’t have received otherwise. What was supposed to be his final flight was canceled,