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Spirit Airlines Inc. rejected a refreshed acquisition offer from rival budget carrier Frontier Group Holdings Inc., saying it would instead proceed with a planned restructuring in bankruptcy.
Major airlines are offering waivers as a winter storm is forecast to dump snow in the Northeast and Central Appalachians.
A U.S. bankruptcy judge on Thursday approved Spirit Airlines' debt restructuring, clearing the budget airline to convert $795 million in debt to equity and emerge from bankruptcy as a private company.
Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan.
Florida, Las Vegas and Puerto Rico are the top spring break destinations, offering a mix of attractions, beaches and culture. Spirit's top five spring break destinations are: Orla
Spirit Airlines has cleared its biggest financial hurdle so far, allowing the Broward-based company to continue flying. The U.S. Bankruptcy Court for the Southern District of New York on Feb. 20 approved the carrier’s plan to continue operating as a business.
Spirit Airlines is rebuffing the latest takeover offer from Frontier Group, with the discount airline saying that it prefers focusing on its current reorganization plan
Spirit Airlines on Tuesday rejected Frontier Group's revised acquisition offer, worth about $2.16 billion, saying the bid from its fellow ultra-low-cost carrier was less beneficial to shareholders than its ongoing reorganization plan.
Spirit Airlines Inc. won court approval to leave bankruptcy via a lender-backed take-private deal after rejecting a takeover offer from rival Frontier Group Holdings Inc.Most Read from BloombergTrump to Halt NY Congestion Pricing by Terminating ApprovalSorry,
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Spirit Airlines is backpedaling on its "fee-free" promise, Aviation A to Z reports. The Miramar, Florida-based airline has lowkey reinstated change fees for its lowest-tier "Go" fares, effective February 5,
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