Frontier Says It Expects a Lift from Spirit Airlines' Fall; Stock Pops -- WSJ

Dow Jones

May 06

By Dean Seal

Frontier Airlines is expecting to gain from Spirit Airlines' collapse last weekend.

Frontier's parent company projected Tuesday that it will make 3% to 5% more revenue for every seat it flies going forward as a direct result of Spirit's demise, based on trends from previous instances when Spirit pulled out of a certain route.

"We actually think it could be higher than that," CEO Jimmy Dempsey told analysts on a conference call. Frontier shares were up more than 9% in midday trading, outpacing gains among other airline stocks.

Executives said they would look for more opportunities to increase fares this year, to help offset higher fuel costs. So far higher ticket prices haven't hurt demand: "Frankly, you've seen that customers are resilient," Chief Commercial Officer Bobby Schroeter said.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

May 05, 2026 13:06 ET (17:06 GMT)

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