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Medlem
Frontier Airlines and Spirit Airlines, the two largest low-cost carriers in the U.S. have agreed to merge, creating what would become the fifth-largest airline in the country. The boards of both companies approved the deal over the weekend, prior to the CEOs of both airlines announcing the agreement in New York City.
With both carriers flying only Airbus planes and neither dominating one particular market, a Spirit/Frontier merger makes sense on paper. Still, President Joe Biden's administration has made it clear to corporate America it will scrutinize potential mergers far more aggressively than the Trump administration.
Frontier and Spirit to merge, creating America' s fifth-largest airline
With both carriers flying only Airbus planes and neither dominating one particular market, a Spirit/Frontier merger makes sense on paper. Still, President Joe Biden's administration has made it clear to corporate America it will scrutinize potential mergers far more aggressively than the Trump administration.
Frontier and Spirit to merge, creating America' s fifth-largest airline