ULCC

Allegiant Teams with Navitaire to Transform Digital Platforms

Retrieved on: 
Tuesday, August 16, 2022
Other Transport, Mobile, Wireless, Technology, Rail, Air, Transport, Electronic Commerce, Software, Networks, Data Management, API, Allegiant Air, Travel, Industry, Digital, Gonow, Technology, Growth, Aircraft, Atmosphere of Earth, Partnership, Element, NASDAQ, ULCC, Sky, LCCS, New, Navitaire, Heart, Solution, Efficiency, NDC, Airline, Video game console, Online shopping, Amadeus, Allegiant

Allegiant (NASDAQ: ALGT), Las Vegas home-town airline, has chosen the cloud-enabled Navitaire Airline Platform to power its evolving digital strategies.

Key Points: 
  • Allegiant (NASDAQ: ALGT), Las Vegas home-town airline, has chosen the cloud-enabled Navitaire Airline Platform to power its evolving digital strategies.
  • Navitaire has a long tradition of ancillary sales leadership, powering the digital retailing success of many of the worlds LCCs and digital pioneers.
  • Allegiant plans to leverage Navitaires proven digital platform to help it build on this great success and take the next step in its digital journey.
  • Navitaire is honored to join forces with Allegiant Air to help it remain at the forefront of the aviation industry, with ever-stronger digital capabilities, said David P. Evans, Navitaire CEO.

Aviation Capital Group Announces Delivery of One A321neo to JetSMART

Retrieved on: 
Thursday, July 28, 2022
Professional Services, Air, Transport, Finance, Sale, Airbus, Time, Pacific Life, Carbon footprint, Wingtip device, Capital Group Companies, JetSmart, CEO, Multimedia, Aviation, ACG, CO2, Airbus A320neo family, ULCC, Growth, Airline

Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.

Key Points: 
  • Aviation Capital Group LLC (ACG) announced the delivery of one new Airbus A321neo aircraft on long-term lease to JetSMART, as part of a three-aircraft sale and lease back transaction between ACG and JetSMART.
  • View the full release here: https://www.businesswire.com/news/home/20220727006079/en/
    Aviation Capital Group Announces Delivery of One A321neo to JetSMART (Photo: Business Wire)
    Powered by Pratt & Whitney PW1133G-JM engines, this aircraft is the first A321neo to join the JetSMART fleet.
  • We are honored to continue supporting JetSMART in their growth in Chile and Latin America with the delivery of this new fuel-efficient Airbus A321neo, said Marine Benoit, ACG Vice President Marketing for the Latin American region.
  • We value the support from ACG on our vision to reach 100 aircraft by 2028, said Estuardo Ortiz, CEO of JetSMART.

Spirit Announces Termination of Merger Agreement with Frontier

Retrieved on: 
Wednesday, July 27, 2022
Other Travel, Transportation, Destinations, Travel, Other Transport, Logistics, Supply Chain Management, Air, Transport, DeBevoise, Sale, Human, Airline, Morgan Stanley, Barclays, Industry, Ouija, CEO, NYSE, Paul, Weiss, Rifkind, Wharton & Garrison, SEC, Martha Plimpton, Private Securities Litigation Reform Act, Securities Act of 1933, Securities Exchange Act of 1934, Travel, Frontier Airlines, JetBlue, COVID-19, Prospectus, NASDAQ, Spirit Airlines, ULCC, Communication, Public expenditure, Bank, Spirit, Frontier

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it has terminated the merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it has terminated the merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc.
  • Moving forward, the Spirit Board of Directors will continue our ongoing discussions with JetBlue as we pursue the best path forward for Spirit and our stockholders.
  • All forward-looking statements in this communication are based upon information available to Frontier and Spirit on the date of this communication.
  • All written and oral forward-looking statements concerning the termination of the Frontier merger agreement or other matters addressed in this communication and attributable to Frontier, Spirit, JetBlue or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements contained or referred to in this communication.

Frontier Airlines Poised for Significant Growth as America’s Ultra-Low Cost Carrier

Retrieved on: 
Wednesday, July 27, 2022
Sale, Fear, Securities Exchange Act of 1934, Travel, Airbus A320neo family, Policy, Company, Atmosphere, Spirit Airlines, Frontier Airlines, ULCC, Energy Independence and Security Act of 2007, Burns, Goal, Acquisition, Privacy, Compliance, Workforce, Climate change, Fuel, A320, Technology, Growth, GLOBE, Insurance, Airport, ASMS, Industry, CEO, SEC, Government, Risk, Â, Securities Act of 1933, Failure, JetBlue, COVID-19, Public health, Director, Webcast, Disease, Transport, Tax, CASM, EuroLeague Final Four, Aircraft, Private Securities Litigation Reform Act, Air travel, NASDAQ, Airline, Management, Casino, Spirit, Frontier, Indigo Partners

DENVER, July 27, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc. (“Frontier”) (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., highlighted its strong foundation and the significant growth opportunities ahead as a standalone company. In addition, the Company announced an unprecedented deal for customers, offering one million passenger seats from $19.00*.

Key Points: 
  • With JetBlue seeking to convert Spirit Airlines into a high-cost airline, Frontier will be unmatched as the ultra-low cost leader.
  • Delivering the lowest fares and lowest costs in America: Frontier will continue to be Americas lowest-fare, lowest-cost airline.
  • In 2019, Frontier offered the lowest average fare per domestic journey of $54 compared to legacy airlines average fare of $202.
  • For a complete list of rules and regulations please refer to Frontier Airlines' Contract of Carriage and Terms and Conditions .

Frontier Group Holdings Reschedules Webcast of Second Quarter 2022 Financial Results

Retrieved on: 
Monday, July 25, 2022
NASDAQ, Frontier Airlines, Webcast, ULCC, A320, GLOBE, Aircraft, ASMS, Airbus A320neo family, Airline

DENVER, July 25, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), announced today it has rescheduled the release of its second quarter 2022 financial results and webcast previously scheduled for Thursday, July 28, 2022.

Key Points: 
  • DENVER, July 25, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), announced today it has rescheduled the release of its second quarter 2022 financial results and webcast previously scheduled for Thursday, July 28, 2022.
  • The company will instead release second quarter 2022 results on Wednesday, July 27, 2022 after market close and host a live webcast to discuss these results the same day at 4:30pm ET.
  • The webcast will be available to the public on a listen-only basis.
  • To access the webcast, or to pre-register for access with a dial-in line, visit http://ir.flyfrontier.com .

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Wednesday, July 13, 2022
Transport, Air, THE, Goal, SEC, JetBlue, Public expenditure, Security (finance), Sale, Human, U.S. Securities and Exchange Commission, Communication, Airline, Spirit Airlines, Letter, Frontier Airlines Holdings, SPIRIT, Registration statement, Tripura Merger Agreement, Attention, Securities Act of 1933, Travel, Company, Director, BY, Securities Exchange Act of 1934, Form, ULCC, COVID-19, Risk, Private Securities Litigation Reform Act, AND, JBLU, Failure, Register, Prospectus, Growth, Ouija, NYSE, Industry, Special, NASDAQ, Investor relations, Shareholder, Spirit, Frontier

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that, in response to the request set forth in the letter to the Company from Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC) dated July 10, 2022, Spirit intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier until July 27, 2022 at 11:00am ET, at which time the Special Meeting will reconvene.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that, in response to the request set forth in the letter to the Company from Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC) dated July 10, 2022, Spirit intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier until July 27, 2022 at 11:00am ET, at which time the Special Meeting will reconvene.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Spirit stockholders who have not already voted, or wish to change their vote, are strongly encouraged to submit their proxies as soon as possible.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.

Frontier Group Holdings Announces Webcast of Second Quarter 2022 Financial Results

Retrieved on: 
Tuesday, July 12, 2022
ULCC, GLOBE, A320, Aircraft, Frontier Airlines, Airbus A320neo family, Webcast, NASDAQ, ASMS, Airline

DENVER, July 12, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), will be releasing second quarter 2022 financial results after market close on Thursday, July 28, 2022.

Key Points: 
  • DENVER, July 12, 2022 (GLOBE NEWSWIRE) -- Frontier Group Holdings, Inc., parent company of Frontier Airlines, Inc. (NASDAQ: ULCC), will be releasing second quarter 2022 financial results after market close on Thursday, July 28, 2022.
  • Management will host a live webcast with analysts to discuss these results the same day at 4:30pm ET.
  • The webcast will be available to the public on a listen-only basis.
  • Frontier Airlines (NASDAQ: ULCC) is committed to Low Fares Done Right.

Discovery Capital Management Sends Letter to Spirit Airlines Board of Directors Regarding Proposed Merger with Frontier Airlines

Retrieved on: 
Tuesday, July 12, 2022
Professional Services, Business, Air, Transport, Finance, Asset Management, JetBlue, Board of directors, LLC, Letter, Special, Frontier Airlines, ULCC, Discovery Capital Management, Pershing Square Capital Management, ISS, Spirit, JBLU, SAVE, Board, NYSE, Frontier, NASDAQ, Airline, Security (finance)

Discovery Capital Management, LLC (collectively with its affiliated entities, Discovery or we) today announced that it has sent a letter to the Board of Directors of Spirit Airlines Inc. (NYSE: SAVE) regarding its proposed merger with Frontier Airlines (NASDAQ: ULCC).

Key Points: 
  • Discovery Capital Management, LLC (collectively with its affiliated entities, Discovery or we) today announced that it has sent a letter to the Board of Directors of Spirit Airlines Inc. (NYSE: SAVE) regarding its proposed merger with Frontier Airlines (NASDAQ: ULCC).
  • To The Board of Directors of Spirit Airlines Inc.,
    We manage an investment fund that owns 1.4% of the outstanding shares of Spirit Airlines Inc. (SAVE or Spirit or the Company).
  • We are writing you today as we are concerned about the upcoming vote on July 15th for the proposed merger with Frontier Airlines (the Frontier Merger or the Merger).
  • Discovery Capital Management, LLC is an investment manager based in South Norwalk, Connecticut that was founded by Robert Citrone in 1999.

Spirit Airlines Announces Intention to Adjourn Special Meeting of Stockholders

Retrieved on: 
Friday, July 8, 2022
Transportation, Air, Transport, Travel, Frontier Airlines Holdings, Securities Act of 1933, Tripura Merger Agreement, Securities Exchange Act of 1934, Travel, Attention, SPIRIT, JetBlue, Register, Sale, COVID-19, Failure, Company, Goal, Growth, Industry, JBLU, U.S. Securities and Exchange Commission, Prospectus, BY, Form, Frontier Airlines, Public expenditure, Human, THE, Security (finance), Registration statement, NYSE, Private Securities Litigation Reform Act, Communication, Spirit Airlines, Airline, ULCC, Investor relations, SEC, Risk, NASDAQ, Ouija, AND, Special, Holding company, Shareholder, Frontier, Spirit, Transportation, Air, Transport, Travel

Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.

Key Points: 
  • Spirit Airlines, Inc. (Spirit or the Company) (NYSE:SAVE) today announced that it intends to reopen and immediately adjourn its Special Meeting of Stockholders (the Special Meeting) relating to the proposed merger agreement with Frontier Group Holdings, Inc. ("Frontier") (NASDAQ: ULCC), parent company of Frontier Airlines, Inc., to allow the Spirit Board of Directors to continue discussions with Frontier and JetBlue Airways Corporation (JetBlue) (NASDAQ: JBLU) and to continue to solicit proxies from its stockholders with respect to the Special Meeting.
  • All stockholders of record as of the close of business on May 6, 2022 are entitled to vote at the Special Meeting.
  • Valid proxies submitted by stockholders prior to the adjourned Special Meeting will continue to be valid for purposes of the reconvened Special Meeting.
  • Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky.

Arajet Introduces Air Safety Team to Dominican Institute of Civil Aviation (IDAC)

Retrieved on: 
Wednesday, July 6, 2022
Other Travel, Air, Transport, Destinations, Travel, IDAC, Federal Aviation Administration, Cyber Safety Review Board, CEO, AOC, Las Américas International Airport, Maintenance (technical), Travel, Dominican Institute for Oriental Studies, Dominican Republic, COO, Industry, Flight Standards District Office, Atmosphere, US, Central, FAA, Technology, Police Special Operation Department, ULCC, State, Safety, Aviation, Multimedia, Boeing 737 MAX, Airline, Maintenance, Boeing

Arajet, the newly launched Dominican low-fared airline, introduced its operational team of air safety experts, all of whom have vast international experience in the management of safety processes and standards in the aviation industry, to the director of the Dominican Institute of Civil Aviation (IDAC), Hctor Porcella.

Key Points: 
  • Arajet, the newly launched Dominican low-fared airline, introduced its operational team of air safety experts, all of whom have vast international experience in the management of safety processes and standards in the aviation industry, to the director of the Dominican Institute of Civil Aviation (IDAC), Hctor Porcella.
  • The air safety team is made up by John Allen, Chair of the Safety Review Board; Garret Malone, Chief Operating Officer (COO), and Alan Arias, Director of Operations.
  • He is also responsible for leading the development and effectiveness of Safety Operations Programs for Arajet, both in the air and on the ground.
  • Alan Arias, Dominican pilot, has extensive training and aviation industry experience, and has served as Director Flight Standards at IDAC.