Hey everyone, some interesting developments at Chicago O'Hare (ORD). Spirit Airlines is planning to sell two preferential-use gates (G12 and G14) to United Airlines for $30.2 million. This move comes as Spirit is restructuring under bankruptcy protection. It's noteworthy that Spirit plans to continue operating at ORD despite the sale, keeping its routes to major markets like LGA, EWR, MIA, DFW, IAH, LAS, and LAX.
This sale highlights the competitive nature of gate space at ORD, where having more access can enhance an airline's schedule flexibility and market position. For United, acquiring these gates could mean an opportunity to expand its operations at this key hub, potentially increasing options for MileagePlus members.
From Spirit's perspective, selling these assets provides much-needed cash flow during restructuring without exiting the Chicago market entirely. This could sustain its operations and possibly offer more competitive fare options for passengers.
What do you all think this means for frequent flyers and loyalty program members of both airlines? Could this transaction affect your travel plans or loyalty choices? How do you see Spirit managing its presence at ORD moving forward? Let's discuss!
This sale highlights the competitive nature of gate space at ORD, where having more access can enhance an airline's schedule flexibility and market position. For United, acquiring these gates could mean an opportunity to expand its operations at this key hub, potentially increasing options for MileagePlus members.
From Spirit's perspective, selling these assets provides much-needed cash flow during restructuring without exiting the Chicago market entirely. This could sustain its operations and possibly offer more competitive fare options for passengers.
What do you all think this means for frequent flyers and loyalty program members of both airlines? Could this transaction affect your travel plans or loyalty choices? How do you see Spirit managing its presence at ORD moving forward? Let's discuss!