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Frontier Airlines proposes to merge with the spirit of budget operators | Real Time Headlines

On May 16, 2022, at a border airline near the Lauderdor-Gaogewang International Airport in Lawdaleg, Florida, Florida.

Joe Raedle | Getty image

Border airline It said on Wednesday that it again proposed to merge with the struggling competitors Spiritual airline,exist MantimeEssence

The border and spirit first announced a transaction merge In 2022, but Jielan Airlines The offer was derailed. JetBlue’s proposed spiritual acquisition is Prevent Federal judges and spiritual applications were applied last year Bankruptcy protection November.

FRONTIER said in a press release that since the proposal this month, it has met with Spirit’s board and executives. FRONTIER executives said in an email of Spirit this week that their plans are better than SPIRIT’s own plan to stand out from bankruptcy.

FRONTIER Chairman Bill Frank and CEO Barry Biffle wrote in an email on Tuesday: “We continue to believe that according to the current independent plan, the spirit will be highly leveraged and loses money at the operational level. This is not the transaction we are going to. “Spirit Chairman Mac Gardner and CEO Ted Christie. “Therefore, time is important.”

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