Thndr Claps » U.S. Claps » Airlines ✈️ » Recession fears present Frontier with an opportunity? ✈️
The ClapFrontier Group Holdings (NASDAQ: ULCC) seeks to grow its capacity by 20% throughout the decade.The DeetsThe budget airline is looking to position itself as the number one budget airline as well as take advantage of a weakening economy. After failing to merge with Spirit Airlines, Frontier is looking to grow and become “the only national ultra-low-cost carrier.” Their StrategyThey intend to seize the market by reducing fare prices, increase non-ticket revenue, and open new routes as other US airlines retreat.Frontier is adopting a low-cost business model to help them through increasing economic pressures.
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