Frontier (ULCC)’s CEO is Racing to Claim the Market Spirit Airlines Left Behind

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Frontier (ULCC)’s CEO is Racing to Claim the Market Spirit Airlines Left Behind Fatima Gulzar Fri, September 11, 2026 at 4:53 PM PDT 4 min read FLYY ULCC AIR.PA The Wall Street Journal reported that Frontier Group Holdings, Inc. (NASDAQ: ULCC ) CEO Jimmy Dempsey took over permanently in January 2026 after Barry Biffle's abrupt December exit. Dempsey is now aggressively expanding Frontier to capture the market Spirit Airlines left behind. Spirit fully shut down on May 2, 2026, ending its 33-year run as the original U.S. ultra-low-cost carrier after two bankruptcies in as many years. Frontier overlapped with Spirit on more than 100 routes, more than any other U.S. airline, and has expanded aggressively into former Spirit strongholds, including Orlando, Fort Lauderdale, Dallas-Fort Worth, Detroit, and Las Vegas, growing capacity 23% year over year. The airline is also weighing a disciplined purchase of Spirit's liquidated assets, including Airbus A320 aircraft and scarce slot-con...
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Millennials May Not Be the Ones Who Inherit Boomer Wealth. Healthcare and Private Equity Could Get It First, if 'Winnebagos and Cruises' Don't

Millennials May Not Be the Ones Who Inherit Boomer Wealth. Healthcare and Private Equity Could Get It First, if 'Winnebagos and Cruises' Don't Diverse students sit in rows of blue chairs, attentively watching, with adults standing in the background. (Credit: Amy Newman/NorthJersey.com via Imagn) Ivy Grace Fri, September 11, 2026 at 4:00 PM PDT 6 min read Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. For years, Americans have heard about the Great Wealth Transfer, the enormous amount of money baby boomers are expected to pass down as they die. But when one person recently asked Reddit whether something major will happen to the economy once that wealth reaches millennials, many commenters had a much less optimistic prediction. "It won't go to millennials," one person wrote. "It'll go to healthcare and private equity." Another put it more colorfully: "If half of it hasn't been spent on Winnebagos and cruises." Don't Miss: He Thought He Needed $88K To Invest In Real Estate. Then He Found A Way To Start With $100. Juan Valdez Is Back On U.S. Shelves. See How Investors Can Buy Into The Company Behind Its Expansion Before 9/30. The Great Wealth Transfer May Not Be So Great for Everyone The discussion quickly became less about what millennials might do with their inheritances and more about whether those inheritances will ever arrive. "What money?" one commenter asked. "It will go to healthcare, nursing homes/long term care facil...

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