Frontier’s latest offer would have allowed Spirit Airlines to retain 19 percent of the company’s equity. But Spirit said the ...
A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 ...
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Caribbean Airlines says that as part of its vision of becoming a “lifestyle brand” rather than just a transportation provider ...
“Researchers have found that when airlines like Spirit or Southwest enter a new market, airfares across the board go down around 20%.” After analyzing tens of thousands of data points that ...
(Bloomberg) -- Bankrupt Spirit Airlines Inc. rejected a new acquisition offer from the parent of Frontier Airlines but said it remains open to a long-discussed combination of the budget carriers.
Frontier is making another attempt to merge with bankrupt Spirit Airlines. Spirit is skeptical, saying Frontier’s offer is less beneficial than its own bankruptcy exit plan. Frontier previously ...
Spirit, known for keeping base prices low while tacking on fees for carry-on bags and minor amenities, has struggled to right itself after the pandemic hit the travel industry in 2020 and 2021.
CHICAGO (Reuters) -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 ...
That is a question U.S. regulators will be asking after Frontier Airlines said Wednesday that it wanted to buy Spirit Airlines, which sought bankruptcy protection late last year. Spirit said ...
The deal first proposed on Tuesday, Jan. 7, offered $400 million in debt and a 19-percent stake in Frontier to Spirit shareholders. Frontier argued the merger would create a stronger low-cost airline ...