Spirit Airlines rejects Frontier's bid, aims to exit bankruptcy in first quarter
Spirit Airlines said on Wednesday it has rejected a bid from rival Frontier Group as it was not favorable for the low-cost carrier and expects to exit bankruptcy in the first quarter. Frontier offered Spirit shareholders $400 million in debt and a 19% stake in Frontier earlier this month,
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.
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 merger with a low-cost rival airline (via The Points Guy ).
Spirit Airlines rejects Frontier's bid, expects to exit bankruptcy in first quarter
Spirit Airlines on Wednesday said it expects to exit bankruptcy in the first quarter and rejected a merger with rival Frontier Group, saying it was not favorable for the low-cost carrier. It received a proposal from Frontier earlier this month,
Spirit Airlines rejects new merger offer from Frontier
Rather than accept Frontier’s offer, Spirit said it would stick to its current plan to emerge from Chapter 11 bankruptcy.
Frontier Makes a Second Bid for Spirit With Budget Airlines Struggling
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 announces second attempt to combine with Spirit Airlines
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.
Sprit Airlines rejects Frontier's merger bid for 2nd time
Frontier Airlines struck out yet again in its second attempt to acquire rival carrier Spirit Airlines. Spirit filed for bankruptcy last year as it faced mounting losses.
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