Frontier Airlines Anticipates Revenue Growth Following Spirit Airlines' Collapse
Frontier Airlines expects a 3% to 5% increase in revenue per available seat mile due to the collapse of Spirit Airlines, which had 35% seat overlap with Frontier. Frontier's shares rose over 6% following the release of its quarterly results, which included expectations of a 20% rise in unit revenue for the second quarter.
Topics: airline industry Frontier Airlines market competition revenue impact Spirit Airlines collapse