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  "documentTitle": "Frontier | Mergers and Acquisitions Presentation Deck | 15 slides",
  "authorId": "frontier",
  "authorName": "Frontier and Spirit",
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  "sourceTypeSlug": "investment_bank",
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  "presentationDate": "2022-02-01 00:00:00",
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  "slideType": "peer_benchmark",
  "function": "compare_peers",
  "density": "dense",
  "nDataPoints": 8,
  "notes": "The chart uses a bar chart with percentage callouts to show the cost premium of competitors relative to the combined company.",
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  "slideHref": "/slides/019de512-5295-744b-bad0-4b6c6dd31c81/8",
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      "kind": "chart",
      "text": "2019 Adjusted CASM + Net Interest",
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      },
      "kind": "list",
      "text": "Single aircraft family; modern, fuel-efficient fleet; Efficient scheduling with high utilization; Leisure travel focus; Single class of service; Efficient seating configuration; lightweight seats; Unbundled fare + optional services",
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      "kind": "source-note",
      "text": "Source: Company filings. Note: Stage length adjustment formula = CASM multiplied by square root of (airline stage length/1000). Adjusted CASM removes one-time or special items.",
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      "kind": "title",
      "text": "Ultra-Low Cost Drives Ultra-Low Fares",
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      "text": "Lowest Cost Wins",
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      "evidence": "The document provides more details on the combined company's advantages, including ultra-low cost, structural fuel efficiency, and operational efficiency.",
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      "structure": "The Old Way (Pain) -> The Moment of Change -> The New Way (Glory) -> The Measurable Delta",
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