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 said in a release that it has met with Spirit’s board and executives since it made its proposal this month.
Spirit Airlines and rival Frontier Group are discussing a merger again, more than two years after the two ultra-low-cost carriers failed to close a deal. On Wednesday, the companies revealed their discussions in a security filing.
Frontier is making an offer to acquire the beleaguered Spirit Airlines, which filed for bankruptcy in November.
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.
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.
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.
Rather than accept Frontier’s offer, Spirit said it would stick to its current plan to emerge from Chapter 11 bankruptcy.
Frontier Airlines' attempt to buy fellow budget air carrier Spirit Airlines out of bankruptcy has hit turbulence.
Frontier Airlines is proposing a deal to acquire competitor Spirit Airlines out of bankruptcy in a cash and stock offer revealed Wednesday morning.
This is a comprehensive Flight Review of Mongolian Airlines. Class: Economy Route: Ulan Bataar (ULA) to Tokyo Narita (NRT) Plane: Boeing 767-300ER