Allegiant Air & Frontier Airlines CEO’s Testify At Senate Competition Hearing

The Chief Executive Officers (CEOs) of Allegiant Air (NYSE: ALGT) and Frontier Airlines (NYSE: ULCC) are set to testify before a Senate Judiciary antitrust subcommittee on Tuesday. The hearing will include an extensive discussion of competition within the airline industry, according to reports from congressional aides. The primary situation at hand is a lack of competition in the market in the wake of Spirit Airlines’ continued demise.