Spirit Airlines rejected Frontier Group's acquisition offer worth about $2.16 billion, marking the latest failed deal in the years since the companies began discussing a merger.

We remain convinced that the combination of Spirit and Frontier would have created more value than Spirit’s standalone plan,” Frontier said. “That said, we are discipline

Frontier Airlines chief executive Barry Biffle maintains that his airline's rejected attempts to acquire rival ultra-low-cost carrier Spirit Airlines came down to differences of opinion.

Frontier's latest attempt to buy Spirit underscores the "evaporating" state of the low-cost airline business model.

A U.S. bankruptcy judge approved Spirit Airlines' restructuring plan to emerge from Chapter 11 bankruptcy as a private company.

Spirit Airlines rejects Frontier's merger proposal, continues standalone recapitalization plan. Spirit aims to complete restructuring by first quarter 2025. Nearly all creditors approved Spirit's plan,

Spirit Airlines has again rejected a third takeover bid from budget rival Frontier, saying that it would focus on its own plan to emerge from bankruptcy and stabilize its finances. The offer this

Frontier Airlines chief executive Barry Biffle maintains that his airline's rejected attempts to acquire rival ultra-low-cost carrier Spirit Airlines came down to differences of opinion.

The stock of discount airline Frontier Group Holdings Inc. fell 2% Wednesday after Spirit Airlines again rejected a takeover bid from the rival carrier and said it would go it alone as it emerges from bankruptcy.

A merger of America's two largest budget airlines appears increasingly unlikely. Spirit Airlines on Thursday rejected Frontier Airlines' latest proposal for a merger, which would have helped bring the Florida-based carrier out of bankruptcy to join forces with its top competitor.

After filing for bankruptcy protection and going back and forth with Frontier Airlines — again — over a potential acquisition, Spirit Airlines has a new plan.

Spirit Airlines declines Frontier's merger offer, favoring its own reorganization plan to maximize stakeholder value. Learn about this pivotal negotiation.