News

Spirit Airlines delays vote on Frontier deal again amid concerns about lack of shareholder support

0

In this article

SAVE

ULCC

JBLU

Passengers check in at the Spirit Airlines counter at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.
Joe Raedle | Getty Images

Spirit Airlines has delayed a vote on its planned tie-up with Frontier Airlines for a fourth time as concerns mount about a lack of shareholder support.

Spirit said Wednesday it now plans to hold the vote, most recently scheduled for Friday, on July 27 so it can continue deal talks with Frontier and with JetBlue Airways, whose competing bid for Spirit has thrown the original deal into question.

This is breaking news. Check back for updates.

Demand for big mortgages is shrinking as home prices moderate

Previous article

Raymond James says Bath & Body Works is oversold and will jump nearly 70% from here

Next article

You may also like

Comments

Leave a reply

Your email address will not be published.

More in News