Spirit’s annual loss of roughly $1.2 billion in 2024 is more than double its $558.5 million loss the year prior. The airline ...
After years of shrinking its local presence, Spirit Airlines is now making a five-fold bet on Raleigh-Durham International ...
Spirit Airlines announced plans Monday to launch six nonstop routes from Detroit Metro Airport this spring.
Spirit and Frontier have been in merger talks since at least 2022, even before Spirit filed for bankruptcy in 2024. Spirit Airlines filed for bankruptcy due to prolonged periods of financial ...
Bill Franke, chair of Frontier's board of directors, said in a January statement that its proposal would provide more value than Spirit's standalone plan to emerge from bankruptcy. While Spirit ...
Frontier’s offer was a reiteration of its ... It also requires the bankruptcy court-approved $35 million termination fee be waived. However, Spirit, which filed for bankruptcy protection last ...
Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this ...
The offer was a significant drop from the $580 million in take-back debt and 26.5% equity that Frontier reportedly offered Spirit in the summer of 2024 before Spirit's bankruptcy announcement.
U.S.-based Frontier Group’s (ULCC) acquisition bid for its bankrupt rival Spirit Airlines (SAVEQ) crashed as Spirit rejected another offer for ...
Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this ...
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