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Aircraft. Frontier and Spirit announce merger
A 6.6 billion dollars deal to build US low-cost giant
A new low-cost airline giant will emerge in the US. Frontier and Spirit have announced that they are planning to merge. The economic value of the operation is almost USD 3 billion dollars, which, if debt is taken into account, is equivalent to USD 6.6 billion. The Group aims to have a fleet of 500 aircraft by 2026. The new Group would rank fifth among the country's largest airlines: behind Delta, United,...
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AVIONEWS - World Aeronautical Press Agency
AVIONEWS - World Aeronautical Press Agency