In fact, today we are announcing a blockbuster sale – offering one million seats from $19.00*, underscoring our commitment to delivering Low Fares Done Right. With the price-sensitive segment projected to grow, we are just getting started. “Frontier remains America’s lowest-fare, lowest-cost airline that features the industry’s youngest, most fuel-efficient fleet, a robust order book, and a strong balance sheet. “As we continue to see a rebound in leisure travel, we have never been more confident in our strategy and prospects than we are today,” said Barry Biffle, President and CEO of Frontier. As we enter our next chapter, Frontier remains well-positioned to deliver significant value to our shareholders as we serve the growing demand for affordable air travel.”
We were focused on offering the appropriate value for Spirit, while prioritizing consumers and the best interests of Frontier, our employees and shareholders.
Franke, the Chair of Frontier’s Board of Directors and the managing partner of Indigo Partners, Frontier’s majority shareholder, commented, “While we are disappointed that Spirit Airlines shareholders failed to recognize the value and consumer potential inherent in our proposed combination, the Frontier Board took a disciplined approach throughout the course of its negotiations with Spirit.
In addition, the Company announced an unprecedented deal for customers, offering one million passenger seats from $19.00*. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., highlighted its strong foundation and the significant growth opportunities ahead as a standalone company. Outlines Strategy to Build on Strong Foundation and Gain Share in Growing Leisure SegmentĪnnounces Unprecedented Inflation-busting Deal for Customers: One Million Seats From $19.00*Ĭompany to Release Second Quarter 2022 Financial Results After Market Close Today and Hold Conference Call at 4:30 PM ETĭENVER, J(GLOBE NEWSWIRE) - Frontier Group Holdings, Inc.
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