Spirit Airlines rejects Frontier’s new merger bid

Frontier Airlines bids again to merge with Spirit with new hope in Trump White House
Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust court battle to block an attempt by JetBlue to buy Spirit. A combination of the two ultra-low-cost carriers would produce the country’s fifth largest airline,
Frontier makes a second bid for Spirit as budget airlines struggle
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 makes new offer to combine with bankrupt Spirit Airlines — and is rebuffed
Frontier Group Holdings Inc.’s stock rose 1.9% early Wednesday, after the low-cost carrier said it has made a compelling new offer to combine with Spirit Airlines Inc. by issuing new debt and common stock.
Denver-based Frontier Airlines makes a second bid for Spirit as budget airlines struggle
Spirit said almost immediately that it's not interested in the sale, and an attempted merger between the two airlines came to nothing in 2022
Spirit Airlines rejects Frontier’s offer to create a low-cost behemoth—but they’re leaving the door open
Spirit Airlines rejected a $400 million merger proposal from Frontier this week, saying the offer was financially inadequate and came too late. Spirit Airlines declined an opportunity to merge with rival low-cost airline Frontier on Wednesday.
Spirit Airlines snubs Frontier’s new merger offer, opts to exit bankruptcy solo
Frontier Airlines hoped to create a low-cost airline giant, but Spirit isn’t interested—at least, not at this price. Spirit Airlines has rejected a merger offer with Frontier as it prepares to exit bankruptcy.
Spirit Airlines rejects Frontier's bid, expects to exit bankruptcy in first quarter
Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group, saying it was not favorable for the low-cost carrier. It received a proposal from Frontier earlier this month,
Spirit Airlines rejects Frontier’s new merger bid; Frontier ready to keep talking
Low-cost carrier Spirit Airlines has rejected a second bid to merge with Frontier Airlines, saying the Denver-based airline’s offer was too low. Frontier said in a statement Wednesday that the merger “would provide meaningful value to Spirit financial stakeholders” in excess of Spirit’s restructuring plan.
Frontier Airlines Makes Another Attempt to Acquire Spirit Amid Bankruptcy Proceedings
Frontier Airlines is making another attempt to acquire struggling rival Spirit Airlines. Frontier argued that a merger would be more beneficial for Spirit’s bondholders than the airline’s current standalone bankruptcy plan.
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JetBlue shares tumble 25% after disappointing outlook
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U.S. hasn’t seen a major airline crash since 2009
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