Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust ...
Despite pressure to cut costs and an activist investor campaign, Southwest reported a healthy profit for the fourth quarter.
Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.
Frontier said in a release that it has met with Spirit’s board and executives since it made its proposal this month.
Frontier Airlines is again pursuing a merger with Spirit Airlines, with Spirit mired in chapter 11 bankruptcy proceedings.
Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.