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Monday, February 07, 2022 13:19:25 UTC

Frontier and Spirit Airlines announced plans to merge today. Spirit is up and Frontier down in premarket.

The budget carriers said they would save $1 billion a year while adding jobs.

The airlines, which together offer 1,000 daily flights serving destinations in the United States, the Caribbean and Latin America, said in a statement they would achieve $1 billion in annual savings from combining, without layoffs. They also said they expected to add 10,000 direct jobs by 2026 and create thousands more through their business partners.(More)

@spiritairlines @spiritairlines

#ulcc #frontierairlines #spiritairlines #southwest #discount #airlines #cheapflight

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