Reported about 1 month ago
Frontier Airlines is reportedly reviving talks to merge with Spirit Airlines, according to the Wall Street Journal. Despite Spirit's struggles with profitability and looming debts, discussions are at an early stage. If a deal is reached, it may coincide with Spirit's efforts to restructure its debts amidst a potential bankruptcy filing. Spirit shares saw a significant increase, whereas Frontier shares were slightly down.
Source: YAHOO