Low-Cost Carriers Spirit Airlines and Frontier to Combine
Two of the U.S.’s most prominent low-cost carriers are merging. Spirit Airlines and Frontier Group Holdings announced on Monday morning that they had agreed to a $2.9 billion cash-and-stock merger deal, which be valued at $6.6 billion with net debt and liabilities, coming together to create a major player in the ultra-low fare market. The […]
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