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Fortune
Fortune
Chris Morris

As Spirit Airlines drowns in red ink, Frontier Airlines might be considering a takeover offer

(Credit: Joe Raedle/Getty Images)

Spirit Airlines, still reeling from its failed merger with JetBlue, may have found another suitor.

The Wall Street Journal reports Frontier Airlines is exploring a bid for the discount carrier—and if that causes a sense of déjà vu, there’s good reason. The two airlines reached a $2.9 billion buyout agreement in 2022, only to see that deal scuttled when JetBlue made a competing big.

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