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.
Greg Anderson, the Chief Executive of Allegiant Air, and Barry Biffle, the CEO of Frontier Airlines, will be the principal witnesses testifying at the hearing. They will be joined by Sharon Pinkerton, a senior vice president at Airlines for America, an organization that represents United Airlines, Delta Air Lines, American Airlines, and Southwest Airlin