Two U.S. airlines fight to buy budget carrier, Spirit

Published

4 years ago

April 12, 2022

Spirit Airways is a hot commodity in the U.S. aviation market, with two carriers wanting to snap up the budget airliner

As the aviation sector recovers from the pandemic two U.S airlines are in a battle to buy budget carrier Spirit

JetBlue and Frontier are both bidding to snap up Spirit Airways…as they try to increase their share of the rebounding market.

The financial figures have been released, with JetBlue making an unsolicited offer of $33 per share in cash.

Meanwhile Frontier made a $25 per share bid back in February.

Talks between all carriers are continuing.

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