Spirit Says Merger With Frontier Is Off as Negotiations With JetBlue Continue

Skift Take
Spirit rejecting Frontier's merger deal is stunning considering Spirit had given indications it preferred a merger with Frontier after JetBlue's repeated offers.
Spirit Airlines announced on Wednesday during the company's second quarter earnings call that its planned merger with Frontier Airlines is off, paving the way for Spirit to accept JetBlue's offer to buy the Florida-based carrier if terms can be reached.
The Spirit-Frontier-JetBlue trifecta has been one of the most closely watched developments in mergers and acquisitions this year across the travel sector.
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