Sept 4 (Reuters) - United Airlines on Thursday
rushed to cash in on rival Spirit Airlines' financial troubles,
beefing up its footprint in the bankrupt discount carrier's main
markets, including Fort Lauderdale, Orlando and Las Vegas.
Spirit Airlines, which filed for its second bankruptcy
protection last week, has been shrinking its operations and
retreating from a number of markets, which has opened up an
opportunity for rivals.
Last week, Frontier Group ( ULCC ) introduced flights to
Spirit's strongholds.
"If Spirit suddenly goes out of business, it will be
incredibly disruptive, so we're adding these flights to give
their customers other options if they want or need them," said
Patrick Quayle, United's senior vice president of Global Network
Planning and Alliances.
United will start selling tickets on Thursday for new
flights to 15 cities, where Spirit operates. The Chicago-based
airline said it will fly larger aircraft between Chicago and New
York LaGuardia to help customers outside of its hubs to connect
to the newly added flights.
"We expect these carriers to continue to see a sizable
benefit from Spirit's retrenchment, despite having less total
overlap," TD Cowen analyst Tom Fitzgerald wrote in a note
earlier this week.
(Reporting by Nathan Gomes in Bengaluru and Rajesh Kumar Singh
in Chicago; Editing by Shailesh Kuber, Sriraj Kalluvila and
Shinjini Ganguli)