Frontier Airlines is considering a new bid for Spirit Airlines (SAVE), the Wall Street Journal reported citing sources familiar with the situation. This comes as Spirit engages in discussions with bondholders regarding the terms of a potential bankruptcy filing.
Recent talks between the two budget airlines about a possible merger are still in the early stages, and a deal may not materialize, the report noted.
In March 2024, Spirit Airlines announced cancellation of its merger agreement with JetBlue Airways. In January 2024, a U.S. court had blocked the deal on anti-competition concerns.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.