The deal is valued at $6.6 billion. Once the merger takes place, it will be the fifth largest airline in the United States.
Frontier Airlines will have a 51.5% controlling stake in the company. Frontier is based in Denver, Colorado, while Spirit is out of Miramar, Florida.
Ted Christie, President and CEO of Spirit Airlines, has said of the merger, “This transaction is centered around creating an aggressive ultra-low fare competitor to serve our guests even better, expand career opportunities for our team members, and increase competitive pressure, resulting in more consumer-friendly fares for the flying public.”
Frontier’s Chairman Bill Franke has said that the merger, “will create America’s most competitive ultra-low fare airline for the benefit of consumers.” Franke will chair the merged company.
Both Frontier Airlines and Spirit Airlines service Orlando International Airport. There is no word on whether or not there will be a new name.
Frontier and Spirit are known as “low cost”, “discount”, or “no frills” airlines. The price that you see when you book does not include anything but a seat somewhere on the plane.
When you book, you will be prompted to pay for a seat assignment, a carry-on bag, and a checked bag. If these are things that you will want, add them when you book because the price will go up.
You can add the features that you need, or buy them in a bundle. You don’t have to add anything if you don’t want to.
If you don’t pick a seat ahead of time, you will be assigned one when you check in. You are allowed to bring one personal item with you for no extra cost. That item needs to fit under the seat in front of you, you cannot go in the overhead bin.
A backpack or small duffle bag can count as a personal item, as long as it isn’t too large. If your trip is short you might be able to get away with not needing to purchase a bag.
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