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Frontier Airlines and Spirit Airlines announced a merger to create the fifth-largest U.S. airline. The news made Spirit Airlines stock soar on Wall Street.
Frontier agreed to buy Spirit Airlines for $2.9 billion in cash and stock, uniting two...
Frontier Airlines announced it is buying Spirit Airlines in an attempt to create what would be the fifth-largest airline in the market.
The combined airline would offer 1,000 daily flights to more than 145 destinations in 19 countries and directly add 10,000 jobs by 2026.
Updated February 7, 2022 at 3:22 PM ET Two U.S. airlines known for their cheap fares have announced they're planning to merge to create what they