The Latest Breaking News from Spirit

Y. Michele Kang is now the controlling owner in Washington.

Few brand names have been dragged through the muck like Spirit Airlines.

Spirit Airlines Inc. (NYSE: SAVE) shares are pushing higher after the company announced a merger agreement Monday with Frontier Group Holdings Inc (NASDAQ: ULCC).

Spirit Airlines Inc (NYSE:SAVE) reported fourth-quarter operating revenue growth of 98.1% year-over-year to $987.56 million, and +1.8% compared to 4Q19, beating the consensus of $963.15 million. Operating expenses increased 59.3% Y/Y and 24.1% compared to 4Q19 to $1.05 billion. Operating loss improved to $(61.55) million, compared to $(159.92) million a year ago. Related: Frontier,…

The companies said Monday that the transaction will provide more low-cost fares for more travelers to destinations in the U.S., Latin America and the Caribbean.

New York (AFP) - Budget US carriers Spirit Airlines and Frontier Airlines announced Monday they will merge to create a competitive low-cost airline that aims to test the dominance of larger rivals.

Frontier Airlines' parent will buy fellow ultra-low cost carrier Spirit Airlines to create the No. 5 U.S. carrier. SAVE stock jumped.

Spirit Airlines Inc (NYSE: SAVE) and Frontier Group Holdings Inc (NASDAQ: ULCC), the parent company of Frontier Airlines, Inc., 

Frontier Airlines’ parent company is buying Spirit Airlines in a $2.9 billion cash-and-stock deal that will allow the combined airline to be more competitive against its larger rivals