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 ...

Frontier filed a notice of interest in DCA’s property with the Bankruptcy Court and declared its non-consent for using the company’s cash collateral to keep the operation going during proceedings.

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 ...

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 ...

After years of shrinking its local presence, Spirit Airlines is now making a five-fold bet on Raleigh-Durham International ...

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 ...

U.S.-based Frontier Group’s (ULCC) acquisition bid for its bankrupt rival Spirit Airlines (SAVEQ) crashed as Spirit rejected another offer for ...

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.

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 ...