Diana beach-based Spirit Airlines (NK) and Denver-based Frontier Airlines (F9) are again resuming talks for a merger.
Spirit Airlines Bankruptcy
Rumors of Spirit Airlines filing for Chapter 11 bankruptcy protection intensified following reports of company’s ongoing financial challenges.
Florida-based low-cost carrier Spirit Airlines (NK) is negotiating with bondholders about potential bankruptcy (Chapter 11) filing terms.
Spirit Airlines (NK) CEO Ted Christie stated on Friday that the budget airline is not considering a Chapter 11 bankruptcy filing and feels “encouraged” by its current plan following the failed takeover attempt by JetBlue Airways.