On May 16, 2022, at a border airline near the Lauderdor-Gaogewang International Airport in Lawdaleg, Florida, Florida.
Joe Raedle | Getty image
Border airline It said on Wednesday that it again proposed to merge with the struggling competitors Spiritual airline,exist MantimeEssence
The border and spirit first announced a transaction merge In 2022, but Jielan Airlines The offer was derailed. JetBlue’s proposed spiritual acquisition is Prevent Federal judges and spiritual applications were applied last year Bankruptcy protection November.
FRONTIER said in a press release that since the proposal this month, it has met with Spirit’s board and executives. FRONTIER executives said in an email of Spirit this week that their plans are better than SPIRIT’s own plan to stand out from bankruptcy.
FRONTIER Chairman Bill Frank and CEO Barry Biffle wrote in an email on Tuesday: “We continue to believe that according to the current independent plan, the spirit will be highly leveraged and loses money at the operational level. This is not the transaction we are going to. “Spirit Chairman Mac Gardner and CEO Ted Christie. “Therefore, time is important.”
Christie and Gardner told their border peers that they rejected the transaction, saying that the term was “insufficient and unable to perform.”
Spirit said that it is expected to withdraw from Chapter 11 this quarter to bankruptcy. It recently reduced costs, including cutting 200 jobs and selling some air passenger cars.
Budget operators like Frontier and Spirit struggle After popular, with the rise in salary and other costs, consumers have chosen operators traveling abroad, and they have chosen a more spacious choice More expensive seatsEssence
FRONTIER and Spirit have been working hard to subvert their business models. The logo of these business models is the low price and cost of additional components from seat tasks to cabin luggage.
Last year, the airline was canceled Change the cost For some of their tickets, start binding allowances and tickets. Last year, Frontier said it would begin to provide a high -level part in the front of the plane.
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