Published 2 years ago

Merger vote at Spirit could reshape discount airline market

Summary by Ground News

Spirit Airlines is the largest budget airline in the United States. The big question is whether it is sold to fellow discounter Frontier Airlines or to JetBlue. The outcome could determine how many choices travelers have for the lowest fares. Antitrust regulators are sure to examine either deal closely.

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Reuters

Spirit Airlines delays vote on takeover bids

By Rajesh Kumar Singh CHICAGO - Spirit Airlines Inc on Wednesday deferred a shareholder vote on Frontier Group Holdings Inc's merger offer for the budget carrier until next week. Its shareholders had been scheduled to finalize their vote at a special meeting on Thursday. The Florida-based carrier said the meeting will now reconvene on July 8. This was the second time Spirit has

2 years ago·United Kingdom

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Associated Press News

Merger vote at Spirit could reshape discount airline market

Shareholders of Spirit Airlines will vote next month on a proposed merger with Frontier Airlines. If that deal fails, Spirit could be sold to JetBlue Airways. A vote on the

2 years ago·United States

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abc News

Merger vote at Spirit could reshape discount airline market

Shareholders of Spirit Airlines will vote next month on a proposed merger with Frontier Airlines

2 years ago·United States

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KRDO

Merger vote at Spirit could reshape discount airline market

By DAVID KOENIG AP Airlines WriterDALLAS (AP) — The prospect of a takeover of Spirit Airlines threatens to upend the cheap-fare end of the industry much like a series of mergers among big airlines reduced choices for travelers.Spirit is the largest budget airline in the United States, but its days as a stand-alone company appear numbered. The big question is whether it is sold to fellow discounter Frontier Airlines or to JetBlue, which operates …

2 years ago·Colorado Springs, United States

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KIFI

Merger vote at Spirit could reshape discount airline market - Local News 8

By DAVID KOENIG AP Airlines WriterDALLAS (AP) — Shareholders of Spirit Airlines will vote next month on a proposed merger with Frontier Airlines. If that deal fails, Spirit could be sold to JetBlue Airways. A vote on the Frontier deal had been scheduled for Thursday but was delayed until July 8. The outcome could affect fares for millions of air travelers who depend on the budget airlines. Some industry experts think a Frontier-Spirit combinatio…

2 years ago·Idaho Falls, United States

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CNBC

Spirit delays shareholder vote on merger hours before meeting to continue deal talks with Frontier, JetBlue

Spirit Airlines said Wednesday that it would delay a shareholder vote on its proposed merger with Frontier Airlines scheduled for tomorrow until July 8.

2 years ago·United States

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