Travelers have increasingly turned to low-cost airlines in recent years in the hopes of finding less expensive ways to fly, but are they really saving money? Here's what we found on the matter.
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.
Is it prudent to travel for leisure? Perhaps not. But is that stopping people from traveling? No, it is not. So Allegiant Air and its CEO Maury Gallagher figure it might as well benefit.
Spirit Airlines executives suspect their airline is well-positioned to win in a recovery. They're probably right, since low-cost options often thrive during a recession. But Spirit has to withstand the crisis first.
Sun Country is betting its unusual model will help it endure the crisis better than other airlines. But it's no sure thing. The airline faces many of the same problems as other carriers.