Frontier Airlines goes after Airlines Airlines route

Frontier Airlines goes for customers Spirit AirlinesWhose financial feet has become so embarrassment in the last weeks that this month earlier has warned that it may not be able to survive for another year Without more money.

The border on Tuesday announced 20 routes he planned to start this winter, many of them in great markets in spirit like his own Fort Lauderdale International Airport in Florida. The bordering overlaps with the spirit to 35% of its capacity, more than any other airline, according to Monday Note from Analyst Airlines Airlines Bank Michael Linenberg.

Some new Route with Frintier from Fort Lauderdale include flights to Detroit, Houston, Chicago and Charlotte, North Caroline. It also rolls routes from Houston to New Orleans; San Pedro Sula, Honduras; And Guatemala City.

The boundary has tried and Failed to to merge With its budget rivat airline several times from 2022. years.

“I’m not here to talk about M & A, in an interview with CNBC Barry Biffle, he said in an interview with CNBC, as a limit to a limb, to buy the spirit.

Both carriers fought from change of customers for multiple places and travel abroad, excessive supply of domestic capacities and higher labor and other costs. Spirit The situation became more difficult However, after occurring four months of banking protection in March faced with many of the same problems.

Ultra-low airspan prices are also caused by larger rivals United Airlines, American Airlines, Delta Air Lines This was properly your basic tickets for the basic economies, but offer customers larger choices of destination and other plate perks like snacks and drinks.

The prices of stock airline stocks increased after the spirit of the Spirit last week.

Biffle said the carrier wants to become the biggest budget airline airline airline and rolled up loyalty programs to take more customers. Graffiti’s capacity was slightly smaller than the spirit in the second quarter, through the latter has reduced flying by almost 24% of the year earlier, while the holder was only 2%.

The Spirit last week said he drew the entire 275 million of his revolver and reached a two-year extension in the Credit Card Processing Agreement with the National Association of American Bank, he would agree to return to $ 3 million a day.

– CNBC’s Phil Lebeau contributed to this report.