Frontier Airlines CEO Barry Biffle: There's been too much capacity in the U.S.

Frontier Airlines' Expansion Strategy - Frontier Airlines is adding 20 routes, targeting areas where Spirit Airlines is strong, aiming to become the number one low-fare airline in America [1] - Frontier believes it would pick up the majority of Spirit's market share if Spirit collapses, potentially capturing over half of their customers on a non-stop basis and 85% on connecting flights [2][3] - Frontier is reallocating excess capacity rather than increasing total capacity with the addition of new routes [7] Low-Fare Business Model & Market Capacity - The low-fare business model is considered viable, but there is currently too much capacity in the United States, including legacy basic economy and low-cost options [4] - Frontier believes there is demand for low fares and aims to fill the void as other airlines adjust their capacity [5] - Total capacity is not increasing, but Frontier's share of that capacity is going up [7][8] Consumer Sentiment & Travel Trends - There is optimism about travel and the economy overall, despite concerns from 30 to 60 days prior [9] - The airline industry has experienced some of the busiest travel days ever, indicating continued consumer demand [8]