International Companies
Spirit rebuffs second approach from Frontier
By Abigail Townsend
Date: Wednesday 29 Jan 2025
(Sharecast News) - Debt-laden Spirit Airlines has rebuffed a takeover approach from long-term suitor Frontier Airlines, the US carriers confirmed on Wednesday.
Faced with mounting losses and debts, the low cost carrier filed for Chapter 11 bankruptcy protection in November. It delisted from the New York Stock Exchange shortly after.
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