Articles tagged “frontier airlines”

In Skift's top stories this week, Spirit Airlines and Frontier Airlines unveil plans to merge in a massive deal, Philippines Airlines makes a tumultuous leadership change, and European officials implement new metrics for measuring tourism success.

Good morning from Skift. It's Tuesday, February 8, in New York City. Here's what you need to know about the business of travel today.

When Allegiant President John Redmond adds the CEO title in June, he'll have to deal with some of the same issues, such as the pandemic, that he's trying to handle now. Add one more thing to the list: Frontier could become a more formidable flight competitor if it gets the OK to merge with Spirit.

The rumors have come true with Spirit Airlines and Frontier Airlines unveiling plans to merge Monday. The deal would create a U.S. budget juggernaut and the country's fifth largest airline but likely faces a tough approvals process from the pro-competition Biden administration.

The Delta variant has set the travel recovery back with most U.S. airlines eating humble pie after overly rosy outlooks in July. With the business travel recovery delayed at least three months, the industry hopes to counter the tide of bad news with some possible year-end, holiday cheer.

So far this year, a dozen travel companies went public or made plans to do so. A couple of them may shine. But the odds are stacked against this year's IPOs, on average, over the long term. Find out why.