Spirit Airlines

U.S. Ultra Low Cost Carrier Frontier Airlines Plans IPO

It's hard to consistently make money in the airline industry. But Indigo Partners, led by former America West Airlines CEO Bill Franke, has an excellent track record. Once again, he is poised to make a big profit after buying an airline cheaply and taking it public.

Spirit Airlines Is Thinking Smaller Under New CEO

Under new CEO Bob Fornaro, Spirit Airlines is deviating slightly from the typical ultra low cost carrier playbook. Most passengers probably won't notice it, as Spirit will still pack in the seats and charge for everything. But around the edges, Spirit's strategy is evolving slightly.