Aug. 29 at 10:51 AM
$ULCC $FLYY
From Bloomberg:
"Frontier Air Chairman Said to Meet With Spirit Air Executives"
Takeaways:
-- Spirit Aviation Holdings Inc. is in talks with Frontier Group Holdings Inc. about its efforts to rebuild after emerging from bankruptcy, with a meeting between Spirit Chairman Robert Milton and Frontier chair Bill Franke.
-- The talks focused on Spirit's efforts to rebuild and the state of the US airline industry, with no discussion of an acquisition, according to a person familiar with the matter.
-- Spirit is exploring options to raise cash, including selling aircraft, real estate, and excess airport gates, and renegotiating aircraft leasing contracts, after securing a
$275 million lifeline through a revolving credit facility.
https://www.bloomberg.com/news/articles/2025-08-28/frontier-air-chairman-said-to-meet-with-spirit-air-executives?sref&