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Spirit Airlines Rejects Frontier Merger Proposal
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 and came too late. Spirit Airlines declined an opportunity to merge with rival low-cost airline Frontier on Wednesday.
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.
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.
1d
on MSN
Frontier makes new offer to combine with bankrupt Spirit Airlines — and is rebuffed
After walking away from a deal twice last year, Frontier is now making an offer involving fresh debt and stock.
7h
on MSN
Spirit Airlines’ future could shape Pittsburgh and Latrobe airports
Frontier Airlines’ second attempt at acquiring rival Spirit Airlines could impact not only one but two western Pennsylvania ...
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