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Spirit Airlines in talks with Castlelake for potential takeover

Thu, 22 Jan 2026 08:44:52 -0500

Investing.com -- Spirit Airlines is in discussions with alternative investment firm Castlelake regarding a potential takeover as the budget airline seeks to emerge from bankruptcy, CNBC reported on Thursday.

Frontier Airlines had also reportedly engaged in merger talks with Spirit over the years, including in recent months, but failed to secure a deal. The two budget airlines had previously reached a deal four years ago, but it was terminated following an unexpected all-cash offer from JetBlue Airways.

It remains unclear whether Spirit’s bondholders and Minneapolis-based Castlelake will reach an agreement or what structure such a deal might take. Castlelake has extensive experience

Spirit Airlines explores merger with Frontier amid bankruptcy - Bloomberg

Tue, 16 Dec 2025 17:37:51 -0500

Investing.com -- Spirit Aviation Holdings Inc. (OTC: FLYYQ) is in discussions to merge with Frontier Group Holdings (NASDAQ: ULCC), according to a Tuesday report from Bloomberg, citing people familiar with the matter.

The potential transaction could be announced as early as December, said the sources, who requested anonymity. They cautioned that the talks are still ongoing and might conclude without an agreement.

A merger would represent a major development for Spirit, which entered its second bankruptcy in less than a year when it filed in August 2025.

Frontier executives have long advocated for combining the two budget airlines, which previously focused on offering

Spirit Airlines explores merger with Frontier amid bankruptcy - Bloomberg

Tue, 16 Dec 2025 17:37:51 -0500

The potential transaction could be announced as early as December, said the sources, who requested anonymity. They cautioned that the talks are still ongoing and might conclude without an agreement.

A merger would represent a major development for Spirit, which entered its second bankruptcy in less than a year when it filed in August 2025.

Frontier executives have long advocated for combining the two budget airlines, which previously focused on offering

Spirit secures $100 million financing lifeline

Mon, 15 Dec 2025 10:38:38 -0500

Investing.com -- Spirit Aviation Holdings Inc. has secured access to $100 million in additional financing from creditors, providing a short-term lifeline as the ultra-low-cost carrier navigates its second bankruptcy in less than a year.

The company announced Monday it amended its debtor-in-possession credit agreement to access the incremental funding. Of this amount, $50 million is immediately available, while the remaining $50 million depends on Spirit making continued progress toward a standalone reorganization plan or completing a strategic transaction.

Spirit assured customers that flights, ticket sales and operations will continue normally throughout the holiday season.

"We are grateful to our lenders for continuing to

Spirit secures $100 million financing lifeline

Mon, 15 Dec 2025 10:38:38 -0500

Spirit assured customers that flights, ticket sales and operations will continue normally throughout the holiday season.

"We are grateful to our lenders for continuing to

Raymond James upgrades SkyWest on demand recovery and valuation

Wed, 01 Oct 2025 12:36:03 -0500

Investing.com -- Raymond James has upgraded SkyWest from Outperform to Strong Buy, citing attractive valuation and strengthening demand trends across the U.S. airline industry.

In a research note, the firm said its decision followed “the recent pullback and based on our earnings and valuation checks.”

Analysts acknowledged ongoing uncertainties but noted that “while macro risks abound and short-term bookings remain sensitive to headlines, the demand recovery first seen at the beginning of 3Q25 has continued to build, having greater implications for 4Q25 due to the forward sale of tickets.”

Raymond James highlighted that the industry outlook remains supportive despite shifting capacity

Raymond James upgrades SkyWest on demand recovery and valuation

Wed, 01 Oct 2025 12:36:03 -0500

Investing.com -- Raymond James has upgraded SkyWest from Outperform to Strong Buy, citing attractive valuation and strengthening demand trends across the U.S. airline industry.

In a research note, the firm said its decision followed “the recent pullback and based on our earnings and valuation checks.”

Raymond James highlighted that the industry outlook remains supportive despite shifting capacity

Raymond James upgrades SkyWest on demand recovery and valuation

Wed, 01 Oct 2025 12:36:03 -0500

Investing.com -- Raymond James has upgraded SkyWest from Outperform to Strong Buy, citing attractive valuation and strengthening demand trends across the U.S. airline industry.

In a research note, the firm said its decision followed “the recent pullback and based on our earnings and valuation checks.”

Raymond James highlighted that the industry outlook remains supportive despite shifting capacity

Raymond James upgrades SkyWest on demand recovery and valuation

Wed, 01 Oct 2025 12:36:03 -0500

Investing.com -- Raymond James has upgraded SkyWest from Outperform to Strong Buy, citing attractive valuation and strengthening demand trends across the U.S. airline industry.

In a research note, the firm said its decision followed “the recent pullback and based on our earnings and valuation checks.”

Raymond James highlighted that the industry outlook remains supportive despite shifting capacity

United Airlines (UAL) CEO: don't think ultra-low-cost airline business model is viable

Tue, 09 Sep 2025 14:52:39 -0500

United Airlines (NASDAQ: UAL) CEO: don't think ultra-low-cost airline business model is viable

United Airlines (UAL) CEO: don't think ultra-low-cost airline business model is viable

Tue, 09 Sep 2025 14:52:39 -0500

United Airlines (NASDAQ: UAL) CEO: don't think ultra-low-cost airline business model is viable

Competition is moving into Spirit’s markets. These 2 are the biggest beneficiaries