Frontier Airlines said Wednesday it has again proposed combining with Spirit Airlines, which is in bankruptcy.
Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.
Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust court battle to block
Frontier Airlines has made another bid for Spirit Airlines, but the offer failed to sway the South Florida-based ULCC as it proceeds through a Chapter 11 restructuring.
Frontier Airlines is making another offer to merge with bankrupt Spirit Airlines, less than two years after a previous plan fell through.
Denver-based Frontier Airlines says it’s ready to keep talking after bankrupt Spirit Airlines rejected its offer to merge.
Frontier said a merger would be better for long-term viability, making the combination the fifth largest airline in the United States and producing at least $600 million in operational savings. It argued that the deal would offer greater value to Spirit’s stakeholders than the company’s current restructuring plan.
The parent of Frontier Airlines made a new offer to combine with bankrupt Spirit Airlines Inc., renewing its pursuit of the struggling budget carrier after talks fell apart last year.
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.