Spirit Airlines

Months after launching an unsolicited bid for Spirit Airlines, JetBlue Airways has wooed the discount carrier away from previous suitor Frontier Airlines.

The New York-based airline is appealing to Spirit stockholders to reject a pending deal with Frontier Airlines.

Consolidation among discount airlines has sparked a battle over Spirit Airlines as JetBlue tries to disrupt deal with Frontier.

Members of the U.S. House and Senate are urging the Biden administration to “closely review” Frontier Airlines’ planned acquisition of Spirit Airlines because of concerns the combined company “would further concentrate and even monopolize the ultra-low-cost carrier, or ULCC, segment of the industry.” The group of lawmakers including Senators Elizabeth Warren (D-Mass.), Ben Ray Lujan […]

Pending approval, the combined carrier would become the fifth largest airline in the U.S.