Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.
The two airlines have sent proposals and counterproposals during a recent bid from Frontier to take over bankrupt Spirit Airlines.
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process to bolster financial stability.  Spirit, an ultra-low-cost airline,
After filing for bankruptcy protection and going back and forth with Frontier Airlines — again — over a potential acquisition, Spirit Airlines has a new plan.
Spirit Airlines rejected Frontier's revised $2.16 billion acquisition offer, which was similar to an earlier proposal but with fewer conditions; Spirit countered with a demand for $600 million in debt and $1.
Frontier Airlines' longest route from Las Vegas Harry Reid International Airport (LAS) is to New York John F. Kennedy International Airport (JFK), coming in at 2,248 miles long. In February 2025, the ultra-low-cost carrier will operate 28 flights in each direction, equating to a daily service.