{"id":168997,"date":"2024-10-23T14:30:46","date_gmt":"2024-10-23T14:30:46","guid":{"rendered":"https:\/?p=168997"},"modified":"2024-10-23T20:44:01","modified_gmt":"2024-10-23T20:44:01","slug":"frontier-spirit-airlines-revive-merger-talks","status":"publish","type":"post","link":"https:\/\/aviacionaldia.com\/en\/2024\/10\/frontier-spirit-airlines-revive-merger-talks.html","title":{"rendered":"Frontier, Spirit Airlines revive merger talks"},"content":{"rendered":"\n

Frontier Airlines<\/strong> is exploring a renewed bid for Spirit Airlines<\/strong>, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.<\/p>\n\n\n\n

Spirit has been losing money despite strong travel demand and has failed to report a profit in five out of the last six quarters, raising doubts about its ability to manage looming debt maturities.<\/p>\n\n\n\n

The two budget carriers have had recent discussions about a possible merger, though the talks are at an early stage and a deal may not come to fruition, the WSJ report said.<\/p>\n\n\n\n

If Spirit and Frontier reach a deal, it would likely happen as part of Spirit restructuring its debt and other liabilities in bankruptcy, the report added.<\/p>\n\n\n\n

\u2192 Spirit Airlines to offer new travel options and transformed guest experience<\/a><\/em><\/strong><\/p>\n\n\n\n

In 2022, Spirit Airlines came close to a merger deal with Frontier Group Holdings, the parent company of Frontier Airlines. It was terminated after JetBlue Airways won the bidding war for Spirit.<\/p>\n\n\n\n

However, that $3.8 billion deal was blocked by the U.S. Department of Justice in March.<\/p>\n\n\n\n

The Journal reported earlier in the month that Spirit was in talks with bondholders over the terms of a potential bankruptcy filing in the wake of its failed merger with JetBlue.<\/p>\n\n\n\n

The ultra-low-cost carrier said last week it had reached an agreement with its credit card processor U.S. Bank National Association to extend a debt refinancing deadline by two months until Dec. 23.<\/p>\n\n\n\n

The airline has also warned of a bigger third-quarter loss due to a tough race for price-sensitive leisure travelers and an oversupply of airline seats in the domestic market.<\/p>\n\n\n\n

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Aviaci\u00f3n al D\u00eda","author_link":"https:\/\/aviacionaldia.com\/en\/author\/aad"},"uagb_comment_info":0,"uagb_excerpt":"Frontier Airlines is exploring a renewed bid for Spirit Airlines, the Wall Street Journal reported on Tuesday, citing…","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/168997","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/users\/4316"}],"replies":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/comments?post=168997"}],"version-history":[{"count":1,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/168997\/revisions"}],"predecessor-version":[{"id":168999,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/posts\/168997\/revisions\/168999"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media\/121654"}],"wp:attachment":[{"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/media?parent=168997"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/categories?post=168997"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aviacionaldia.com\/en\/wp-json\/wp\/v2\/tags?post=168997"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}