Spirit Airlines surprising bankruptcy decision turns heads
While the strong brand and loyal customer base make a full closure unlikely, the pool of investors who will be able to pull ...
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Frontier and Spirit: Budget airline merger back on the table
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 ...
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.
Spirit Airlines rejects Frontier’s ‘insufficient’ bid — and expects to exit bankruptcy this quarter
Spirit rejected the proposal as it would not provide the anticipated shareholder value and raised concerns over the timing and successful completion of the deal.
US stock market: Wall Street falls after worse inflation data
The S&P 500 was 0.2% lower in afternoon trading. The Dow Jones Industrial Average was down 169 points, or 0.4%, as of 12:47 p ...
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Denver-based Frontier Airlines makes a second bid for Spirit as budget airlines struggle
Frontier Group Holdings Inc., the parent company of Frontier Airlines, said Wednesday that the proposed deal would include newly issued Frontier debt and common stock. The biggest U.S. airlines have ...
Frontier’s stock slides 3% as Spirit rebuffs budget airline’s takeover offer for a third time
The stock of discount airline Frontier Group Holdings Inc. fell 2% Wednesday after Spirit Airlines again rejected a takeover ...
Spirit Airlines Again Rejects Takeover Offer From Frontier
Spirit Airlines Inc. rejected a refreshed acquisition offer from rival budget carrier Frontier Group Holdings Inc., saying it ...