Frontier says a merger would be a better path out of bankruptcy for Spirit, as budget carriers struggle with high costs and competition.
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 Airlines’ second attempt at acquiring rival Spirit Airlines could impact not only one but two western Pennsylvania airports although the bankrupt air carrier said it preferred to emerge from bankruptcy protection as a standalone carrier.
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.
Frontier is making an offer to acquire the beleaguered Spirit Airlines, which filed for bankruptcy in November.
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.
Spirit filed for Chapter 11 bankruptcy protection in November 2024, six months after a proposed merger with JetBlue collapsed.
Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
Mable Ringling’s roses will have to be replanted. And historic St. Armands Circle needs to fill in a few vacant storefronts. Still, Sarasota – hit by back-to-back hurricanes last fall – is faring remarkably well,
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.
On today’s episode we look at the American Eagle crash in Washington, D.C., innovations and shifts in hospitality, and Frontier’s bid for rival Spirit Air.