That's the point of bankruptcy... restructuring and ditching the debt.

Frontier could essentially do Section 363 where they'd simply buy assets. I think depending on the size and scope of the 363 sale, the pilots would most likely go with the aircraft.

It makes sense why Frontier is interested in Spirit, but I do think they'll have to dismantle a lot of their East Coast/FL presence to make it clear DOJ even if the acquisition could be framed as saving the company and preserving jobs.