Frontier Airlines goes after Spirit Airlines' routes as its rival reels

Core Insights - Frontier Airlines is targeting Spirit Airlines' customer base due to Spirit's precarious financial situation, which has led to warnings about its potential inability to survive another year without additional funding [1] Route Expansion - Frontier Airlines announced 20 new routes for the upcoming winter season, many of which are in key markets served by Spirit Airlines, particularly at Fort Lauderdale International Airport [2] - The overlap in capacity between Frontier and Spirit is significant, with Frontier's capacity overlapping with Spirit's by 35%, the highest among all airlines [2] New Destinations - New routes from Fort Lauderdale include destinations such as Detroit, Houston, Chicago, and Charlotte, North Carolina, along with additional routes from Houston to New Orleans, San Pedro Sula in Honduras, and Guatemala City [3] M&A Considerations - Despite previous attempts to merge with Spirit Airlines since 2022, Frontier's CEO Barry Biffle stated that the company is not currently focused on mergers and acquisitions [3]