Frontier Airlines CEO says the low-cost carrier model is 'alive and well'

Group 1 - The ultra-low-cost carrier model is still viable in the U.S., according to Frontier Airlines CEO Barry Biffle, despite claims from industry peers that it is struggling [1] - Frontier Airlines aims to become the leading low-fare carrier in the top 20 U.S. metropolitan areas and intends to fill the market gap left by Spirit Airlines, which recently filed for bankruptcy protection for the second time in a year [1] - Biffle noted that the domestic airline market is currently oversupplied, which is negatively impacting yields across the industry [2] Group 2 - Biffle predicts that within the next one to two years, there will be a reduction in the number of seats available across both ultra-low-cost carriers and legacy carriers [2] - United Airlines CEO Scott Kirby has criticized the no-frills airline business model, questioning its long-term viability [2][3] - Kirby described the ultra-low-cost airline business model as "an interesting experiment" that has ultimately "failed" [3]