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Spirit Airlines Rejects Frontier Merger Proposal
Spirit Airlines rejects new merger offer from Frontier, gives them a chance to revise the proposal
Spirit Airlines rejected Frontier Airlines' second attempt to merge the two companies on Wednesday and will continue with its plans to exit bankruptcy. Frontier made an offer in early January for Spirit stakeholders to acquire $400 million in new debt and obtain 19% of Frontier's stock.
Frontier Airlines Offers to Buy Spirit Airlines, Again
Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.
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.
3d
IT issues trigger brief ground stop for Frontier Airlines flights, US FAA says
IT issues at Frontier Airlines triggered a brief ground stop at all of the U.S. budget carrier's destinations on Thursday ...
3d
Computer issues cause temporary ground stop nationwide for Frontier Airlines
A temporary Ground Stop was issued for all destinations for Frontier Airlines on Thursday, according to the Federal Aviation Authority.
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