Spirit Airlines Turns Down Frontier's Offer, Faces Uncertain Future Amid Bankruptcy
Spirit and Frontier started talks to merge their operations, but the process hit a snag when JetBlue Airways swooped in with a bolder $4 billion offer in March 2024.
Spirit Airlines Cleared to Exit Chapter 11 Bankruptcy
A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.
Spirit Airlines gets court approval for $795 million debt deal
A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company.
Spirit Airlines recovery plan approved by court; bankruptcy expected to end ‘in the coming weeks’
Financially troubled Spirit Airlines says its reorganization plan has been approved by a federal bankruptcy court in New York, opening the way for its exit from Chapter 11 “in the coming
Spirit rejects Frontier Airlines merger, opts for standalone plan to emerge from bankruptcy
Spirit Airlines Tuesday rejected Frontier's most recent merger proposal, opting to proceed with its own standalone recapitalization without a merger instead. Spirit is currently in bankruptcy.
Spirit Airlines Receives Court Confirmation of Reorganization Plan
Spirit Airlines, Inc. ("Spirit" or the "Company") today announced the Company's Plan of Reorganization ("the Plan") was confirmed by the United States Bankruptcy Court for the Southern District of New York (the "Court").
Spirit Airlines To Go Private After Court Approves Restructuring Plan, Retail Expresses Disappointment
Spirit Airlines (SAVEQ) garnered retail attention on Thursday after a court approved its plan to exit bankruptcy by converting $795 million in debt to equity and emerge as a privately owned company. The company said it expects to emerge from restructuring in the coming weeks following the approval of the United States Bankruptcy Court for the Southern District of New York to hand over the airline to creditors.
Spirit Airlines' bankruptcy plan approved, gives major lenders control
Spirit Airlines’ (OTC:SAVEQ) plan to exit bankruptcy through a debt restructuring deal has been approved by a bankruptcy court that will transfer ownership of the beleaguered carrier to its majority lenders.
Why Spirit Airlines Really Doesn't Want To Join Forces With Frontier
Spirit Airlines rejected another acquisition offer by Frontier Airlines to combine the operations of both airlines, standing ...
Frontier makes another takeover bid for Spirit Airlines and it is rejected, again
Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers ...
Spirit Airlines rejects merger with Frontier – again
Spirit Airlines on Tuesday rejected Frontier Group’s acquisition offer, worth about $2.16 billion, saying the bid from its ...
Spirit Airlines rejects another Frontier Airlines acquisition worth $2.16B
Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the ...
Spirit Airlines again rejects Frontier takeover bid
Spirit Airlines again rejected Frontier Airlines’s latest takeover bid, opting to instead focus on its restructuring process ...
Bankrupt Spirit Airlines seeks recapitalization after rejecting Frontier's bid
After filing for bankruptcy protection and going back and forth with Frontier Airlines — again — over a potential acquisition ...
Frontier, JetBlue And Southwest Navigate Industry Primed For Mergers
An airline investor conference on Wednesday became a merger chatter gala as executives dished on their airlines and others.
Frontier Airlines Will Return To Boise & Spokane When 14 Routes Launch This Summer
Frontier will also return to Boise Airport in Idaho (BOI) and Spokane International Airport in Washington (GEG) when it ...