Spirit filed for Chapter 11 bankruptcy protection in November 2024, six months after a proposed merger with JetBlue collapsed ...
Spirit Airlines has rejected yet another takeover bid by discount carrier Frontier Airlines of Denver, saying its debtholders ...
The parent of Frontier Airlines made a new offer to combine with bankrupt Spirit Airlines Inc., renewing its pursuit of the ...
After some back and forth between the two companies, Spirit ultimately rejected the offer in favor of its existing ...
Frontier Group has revived its efforts to merge with rival Spirit Airlines, which rejected the offer and said it's prepared ...
Debt-laden Spirit Airlines has rebuffed a takeover approach from long-term suitor Frontier Airlines, the US carriers ...
It received a proposal from Frontier earlier this month, where in its shareholders would $400 million in debt and a 19% share ...
U.S. discount carrier Frontier Airlines (ULCC) is again proposing to merge with its rival Spirit Airlines (SAVE), which is currently involved in bankruptcy proceedings. Frontier and Spirit first ...
Spirit Airlines said on Wednesday that it is rejecting the latest merger offer from Frontier Airlines, and will instead continue with its bankruptcy restructuring plan.
Frontier Airlines is again pursuing a merger with Spirit Airlines, with Spirit mired in chapter 11 bankruptcy proceedings.
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 ...
Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing ...