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 ...
Southwest Is Reining In Expansion Plans in Exchange for a More Segmented Product Offering
In our opinion, Southwest has the best balance sheet of all the US-based carriers. As the pandemic has wreaked havoc on air travel demand and airlines’ business model, liquidity became more paramount ...
Frontier Airlines Says Bankruptcy Won’t Fix Spirit. Its Solution: Merge
Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.
Frontier Airlines proposes merging with fellow budget carrier Spirit — again
Frontier said in a release that it has met with Spirit’s board and executives since it made its proposal this month.
With Spirit Airlines in Bankruptcy, Could a Merger With Low-Cost Rival Be Back on?
Amidst ongoing restructuring under Chapter 11 bankruptcy proceedings, Spirit Airlines might be considering reigniting a ...
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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 ...
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Frontier Proposes Another Airline Merger With Spirit: Here's How Spirit Responded
Frontier Airlines and Spirit Airlines have discussed a merger yet again, but Spirit rejected the bid in order to pursue a ...
Spirit Airlines rejects new merger offer from Frontier
Rather than accept Frontier’s offer, Spirit said it will stick to its current plan to emerge from Chapter 11 bankruptcy.
Market movers: Stocks that saw action on Wednesday - and why
Mr. Niccol is credited with reviving the burrito chain Chipotle Mexican Grill ( CMG-N +0.86% ) in his last CEO role. He aims ...
Frontier Airlines offers to buy low-cost rival out of bankruptcy
The Denver-based low-cost carrier said its combination with the Dania Beach, Florida-based Spirit would create a stronger low ...
Bankrupt Spirit rejects another Frontier merger offer
The South Florida-based budget airlines has rejected another one of Frontier's attempts to combine. Find out the details.