Tue, 21-Oct-2025

Spirit Airlines has postponed shareholder vote on Frontier acquisition

Spirit Airlines

Spirit Airlines has postponed its shareholder meeting, which was originally scheduled for Friday, until June 30. The carrier will continue discussions with Frontier Airlines and JetBlue Airways about competing offers. Frontier and JetBlue both increased their promotions in the last week. Spirit Airlines has postponed its shareholder meeting, which was scheduled for Friday, until June … Read more

Frontier will pay a $250 million breakup fee, if officials reject Spirit’s takeover

Frontier

Frontier is proposing Spirit a $250 million reverse breakup fee. JetBlue Airways is attempting to purchase Spirit and has launched an aggressive takeover bid. JetBlue’s bid included a reverse breakup fee of $200 million. Frontier Airlines’ parent company said on Thursday that if regulators do not approve the planned merger of the two discount carriers … Read more