If you scour the internet for the best airfare deals and always crunch the numbers to find the cheapest flight, we’ve got some big news to share! As you probably know, paying for a trip to Disney World is pretty expensive these days — especially now that Disney’s free Magical Express airport transportation service has been discontinued.
With so many new added costs, more and more people are turning to budget airlines like Spirit and Frontier when planning a Disney World vacation. Now, we’ve got some new information on two of the most popular airlines in Orlando!
A new deal between Spirit Airlines and Frontier Airlines is set to create the fifth-largest carrier in the U.S.
Even more ultra-low fares! Spirit to combine with Frontier, creating America’s most competitive ultra-low fare airline. Together, we’ll invest in innovation & growth bringing more ultra-low fares to travelers in the U.S., Latin America & the Caribbean.https://t.co/S31kp6UvFc pic.twitter.com/yhumBxK4Js
— Spirit Airlines (@SpiritAirlines) February 7, 2022
The Orlando Sentinel reports that a merger between the two airlines is currently in the works, and is set to close later this year pending approval from the airlines’ stockholders.
Local news outlet WESH 2 News reported that Frontier Airlines’ parent company is buying Spirit Airlines in a “$2.9 billion cash-and-stock deal”; the deal is valued at about $6.6 billion in total.
In Florida, Spirit and Frontier Airlines are currently ranked as the 2nd/3rd busiest airlines at Orlando International Airport, according to the Orlando Sentinel.
As part of the deal, WESH 2 News stated that “Spirit shareholders will receive 1.9126 shares of Frontier plus $2.13 in cash for each existing Spirit share they own.” Additional details, like new branding, CEO, and headquarters location are yet to be announced.
This merger intends to “provide more low-cost fares for more travelers to destinations in the U.S., Latin America, and the Caribbean,” according to the Orlando Sentinel, and the two airlines are claiming they will provide “$1 billion in annual consumer savings.”
We will continue to look out for more information, so be sure to stay tuned!
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Have you ever flown with Spirit or Frontier Airlines? Let us know in the comments!
Hopefully they don’t also combine their bag and seat fees LOL