Ultra-low-cost carriers were once among the most profitable in the aviation industry before the pandemic hit. However, four years later, there is speculation about the survival of these carriers. Spirit Airlines, in particular, is facing rumors of potentially filing for bankruptcy, while Frontier Airlines has reported underwhelming results. Some ultra-low-cost carriers that have focused on niche markets have remained profitable, but they are not seeing the same level of success as legacy airlines. The sector has also been hindered by Pratt & Whitney groundings and Boeing delivery delays.
In an effort to improve profitability, some ultra-low-cost carriers are imitating legacy carriers by offering bundled fare options and premium products. The question that remains is whether these strategies will work in the long run for airlines like Spirit and Frontier. At this year’s Skift Aviation Forum, industry executives will discuss the viability of the ultra-low-cost model in the current consumer landscape. Speakers at the forum will include Spirit Airlines’ chief commercial officer Matt Klein, Allegiant’s chief commercial officer Drew Wells, and Sun Country CEO Jude Bricker, who will share insights on navigating profitability in a volatile industry.
The Skift Aviation Forum offers attendees the opportunity to gain valuable insights from industry experts and executives on the challenges and opportunities facing the aviation sector. With discounted ticket prices available for solo attendees and groups, the forum provides a platform for networking and in-depth discussions on key issues affecting the industry. Attendees can register for the in-person event in Dallas and access all forum sessions, networking options, and event app features. Subscribers to Skift Research, Skift Pro, Daily Lodging Report, and Airline Weekly can also enjoy discounts on full-price tickets to in-person events.
As ultra-low-cost carriers struggle to remain profitable amidst ongoing challenges, industry executives will discuss potential strategies for reinvention and navigating the volatile aviation industry landscape. The forum presents a unique opportunity for attendees to hear firsthand from key players in the industry, such as Matt Klein, Drew Wells, and Jude Bricker, who bring valuable insights and perspectives on the future of ultra-low-cost carriers. With the aviation industry facing uncertainty and rapid changes, the forum aims to provide attendees with the knowledge and tools needed to succeed in this dynamic environment.
