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Frontier Revives Spirit Merger Talks Citing Stronger Future Together
ULCCFrontier (ULCC) Benzinga·2025-01-29 13:32

Frontier Group Holdings ULCC has proposed a merger with Spirit Airlines SAVEQ through newly issued debt and stock, offering higher recoveries for Spirit’s stakeholders than its standalone restructuring plan.By combining, Spirit investors would benefit from a stronger low-cost carrier and significant synergies. Frontier remains open to further discussions with Spirit and its financial stakeholders.“While we are pleased with the strong results Frontier has been able to deliver through the execution of our bus ...