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The Latest Breaking News from Ted Christie

Spirit Airlines exits bankruptcy protection as travel demand slows

Discount carrier Spirit Airlines has emerged from bankruptcy protection

The Independent UK · Mar 13, 2025

Spirit Airlines rejects Frontier’s white-knight offer to create low-cost behemoth—but they’re leaving the door open

Frontier said a deal would have created the fifth-largest airline to compete with the big four.

Fortune · Jan 31, 2025

Outrage Soars Over Spirit Airlines CEO's £3M Bonus Cheque Payday Amid Worker Layoffs

Spirit Airlines' CEO received a $3.8M bonus before bankruptcy, while the company faces $2.5B in losses and an unspecified number of job cuts.

International Business Times UK · Nov 30, 2024

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Spirit Airlines Reportedly Exploring Bankruptcy Filing, Shares Plunge

The airline is also negotiating an out-of-court agreement with bondholders to address its financial challenges following the collapse of its merger with JetBlue Airways

International Business Times · Oct 4, 2024

Spirit Airlines is going upscale. In a break from its history, it will offer fares with extra perks

Spirit Airlines is about to roll out tickets that include perks like free snacks and no fee for checking a bag

The Independent UK · Jul 30, 2024

Spirit Airlines To Defer $340 Million In Airbus Deliveries, Prepares To Furlough 260 Pilots

Spirit Airlines announces the deferral of Airbus deliveries and plans for pilot furloughs as part of comprehensive cost-cutting amid industry uncertainty.

International Business Times · Apr 8, 2024

JetBlue agrees to buy Spirit for $3.8B. It would create the 5th largest U.S. airline

The agreement Thursday capped a months-long bidding war and arrives one day after Spirit's attempt to merge with Frontier Airlines fell apart. The deal still needs approval from antitrust regulators.

WEKU · Jul 28, 2022

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Spirit Airlines ends proposed deal with Frontier, paves way for possible JetBlue takeover

Spirit Airlines has ended its proposed merger with Frontier Airlines, clearing a path for JetBlue Airways to take over the South Florida-based discount carrier.

Tribune News Service · Jul 28, 2022

Bidding war escalates, as Spirit Airlines again delays final decision on Frontier merger

For the second time this month, Broward County’s Spirit Airlines has postponed a final decision on whether to go ahead with a planned merger with Frontier Airlines.

Miami Herald · Jun 30, 2022

Frontier, Spirit Airlines Amend Merger Agreement - See What's The Change

Spirit Airlines Inc (NYSE:SAVE) and Frontier Group Holdings Inc (NASDAQ:ULCC), the parent company of Frontier Airlines, Inc., amended their previously announced merger agreement. In the unlikely event the combination is not consummated for antitrust reasons, Frontier would pay a reverse termination fee of $250 million, or $2.23 per share, to Spirit under the provisions of…

Benzinga · Jun 3, 2022

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