Hedge funds and bond managers are willing to invest millions of dollars to get reorganised carrier off the ground
Potential buyers may end up negotiating deals with the target’s lenders and bondholders instead of its shareholders
Carriers have come to rely on check-in charges as a source of revenue but face new disclosure rules
A tie-up with Frontier might be the cleanest way forward
Shares of ultra-low cost carrier fall by about half after ruling
Takeover combining fierce rivals would eliminate competition and is ‘presumptively illegal’
Airline agrees to a cash offer from rival valuing it at $7.6bn
Deal will create fifth-largest US carrier but faces regulatory hurdles
Neither bid for Spirit looks like a slam dunk to pass the scrutiny of competition authorities
Tender offer and ‘vote no’ campaign are simply pressure tactics to bring the Spirit board to the table
US budget airline cites high regulatory risks in sticking with rival offer from Frontier
New airline says it would be a credible challenger to the likes of American, Delta, and United.
Carriers say the deal would allow them to better compete with America’s ‘Big Four’
Recent deals show how reliant carriers have become on their loyalty schemes
Carriers are increasingly turning to ancillary services to boost profits
Lacklustre day for the wider US stock market
US stocks poised for best week since December 2014