Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.
Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late last year as budget airlines struggle.
Frontier is making an offer to acquire the beleaguered Spirit Airlines, which filed for bankruptcy in November.
Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.
Budget carrier Frontier Airlines announced on Wednesday that it has made another bid for fellow discount carrier Spirit Airlines, which is in bankruptcy, for an undisclosed sum.
Spirit filed for Chapter 11 bankruptcy protection in November 2024, six months after a proposed merger with JetBlue collapsed.
Frontier Airlines publicly announced a second offer to merge with Spirit Airlines in a press release after its 2022 offer was also rejected.
The South Florida-based budget airlines has rejected another one of Frontier's attempts to combine. Find out the details.
Frontier Airlines' attempt to buy fellow budget air carrier Spirit Airlines out of bankruptcy has hit turbulence.
Frontier Airlines took another swing at joining forces with Spirit Airlines. In a statement on Wednesday, Jan. 29, Frontier officials say a merger would allow Spirit to escape from bankruptcy. Spirit is not interested and rejected the offer saying it was too low.
Denver-based Frontier Airlines says it’s ready to keep talking after bankrupt Spirit Airlines rejected its offer to merge.