Frontier Airlines Makes Another Bid to Buy Spirit Airlines

Frontier Airlines is trying again to buy Spirit Airlines, this time with a $2.1 billion offer. This comes three years after their first attempt fell apart. Back in 2022, Spirit walked away from Frontier’s deal to accept a higher bid from JetBlue Airways. But that deal was blocked by the Justice Department, leaving Spirit in a tough spot.

Since then, Spirit has faced a series of challenges, including failed debt renegotiations and, ultimately, bankruptcy last November. Now, Frontier is stepping back into the picture with a fresh proposal, though it’s less than the $2.9 billion they had initially agreed on.

It’s unclear how this will play out, but one thing is certain: the airline industry is always full of surprises. Stay tuned for updates as this story develops.

Frontier Airlines Makes Another Bid to Buy Spirit Airlines
https://www.99newz.com/posts/frontier-buys-spirit-airlines-3161
Author
99newz.com
Published at
2025-01-29
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CC BY-NC-SA 4.0