Frontier Airlines Makes Bid for Spirit, Again. Spirit Isn’t Interested
Skift Take
Frontier is making an offer to combine operations with the beleaguered Spirit Airlines, which filed for bankruptcy in November. Spirit says it is still carrying on with its plans to be a standalone carrier.
Frontier Airlines announced Wednesday that it is making a bid for Spirit Airlines, after the ultra-low-cost carrier filed for bankruptcy in November.
“This proposal reflects a compelling opportunity that will result in more value than Spirit’s standalone plan by creating a stronger low fare airline with the long-term viability to compete more effectively and enter new markets at scale,” said Frontier chairman Bill Franke. “We stand ready to continue discussions with Spirit and its financial stakeholders and believe that we can promptly reach agreement on a transaction”
Since submitting a proposal, Frontier said both parties had been in talks with Spirit’s boa
