Spirit Airlines is in talks about a potential takeover with alternative investment firm Castlelake as the carrier’s future looks increasingly uncertain during its second Chapter 11 bankruptcy, according to a report from CNBC.
Spirit had been in talks with Frontier Airlines about a merger again, but a deal failed to materialize, according to the report.
The airline industry was widely anticipating that either Frontier Airlines and Spirit would announce a merger in January or Spirit would h
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