Ricky Gutierrez
@rickygutierrezz·1.2M subscribers·5.3K videos
(URGENT NEWS) Frontier Is About to Acquire Spirit Airlines?
Posted
October 23, 2024
Views
7,941
Likes
338
Comments
44
Engagement
4.81%
October 23, 2024
7,941
338
44
4.81%
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6:36Now PlayingMore than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines. Spirit is negotiating potential bankruptcy terms with its bondholders, and has been seeking options to restructure its balance sheet.
Citing sources familiar with the matter, the Journal said a merger deal, if it happens, would likely come as part of Spirit’s debt restructuring under a bankruptcy filing. The Journal added that discussions are in their early stages and it’s possible no deal will be made.
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