Frontier and Spirit Airlines will once again try to merge, only months after the Biden administration won a key antitrust court battle to block an attempt by JetBlue to buy Spirit.

Discount carrier says a merger would be a better path out of bankruptcy for Spirit, which has rebuffed the latest proposal.

Fourth-quarter results from JetBlue Airways (NASDAQ: JBLU) were actually better than Wall Street had feared, but you would never know it from the stock's reaction. Shares of JetBlue traded down 22% for the week as of 1 p.

Spirit, which filed for bankruptcy protection last year, says it has rejected the new Frontier overture but would be open to a higher offer.

Spirit filed for Chapter 11 bankruptcy protection in November 2024, six months after a proposed merger with JetBlue collapsed.

Frontier Airlines is attempting for a second time to merge with the now bankrupt Spirit Airlines, which declared bankruptcy late last year as budget airlines struggle.

Spirit Airlines has rejected a second offer by Frontier Group to merge, citing insufficient financial conditions.

Frontier Airlines publicly announced a second offer to merge with Spirit Airlines in a press release after its 2022 offer was also rejected.

Low-cost carrier Spirit Airlines has rejected a second bid to merge with Frontier Airlines, saying the Denver-based airline’s offer was too low. Frontier said in a statement Wednesday that the merger “would provide meaningful value to Spirit financial stakeholders” in excess of Spirit’s restructuring plan.

Heard of PSA? Envoy? SkyWest? Discover the route and planes flown by American Airlines’ regional subsidiaries.

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