Spirit Airlines has gained necessary approvals for its reorganization plan, enabling the Florida-based ULCC to exit Chapter 11 in the coming weeks.

Frontier Airlines CEO Barry Biffle believes the ULCC is well-positioned to seize opportunities in the recovery of non-premium seats in the U.S. market.

Frontier CEO Barry Biffle believes if an airline aims to participate in M&A, “you’ve got a green light; you should do it now.”