The two have been in recent discussions over a potential takeover, although no definitive agreement has been reached, the WSJ report said. Any deal will likely happen as part of Spirit’s potential bankruptcy.
Frontier and Spirit have been engaging in on-and-off talks over a potential merger since 2016. They had reached a $2.9 billion deal in 2022, which was interrupted by a competing offer from JetBlue Airways Corp (NASDAQ:But the JetBlue-Spirit merger was blocked by the U.S. government on grounds that it would hurt competition.
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