Then they should've taken that offer. Frontier made that offer on the house before going inside. Now they've seen the updating that needs to be done inside the offer went down. Indigo isn't in the habit of paying top dollar for things.

It appears that Spirit has rejected the latest offer as "woefully insufficient financially" and will focus on emerging from BK as a stand alone entity.

That’s the thing, Ted believes he’s still in charge and has leverage. Probably why they let the NDA’s lapse and ousted all these details of the proposed deal.

Hokey Pokey…

Blocked middle seats, Kind bars and free spotty WiFi. If that won’t turn around billions in losses, what will?!

Spirit? Or Creditors?

“Please note that we have discussed the new Frontier proposal with the advisors to our bondholders as contemplated by your letter and required by our restructuring support agreement. We are told they believe your current proposal is so insufficient as not to merit a counter.”

From the 1/11 email filed in the 8K

I would rather take our chances as a stand alone than merge with Frontier. F that.

They’ll come back to the table, either Spirit has a better offer, or they know that frontier will come back to the table. You never offer what you’re willing to pay first round. It’s all part of the game.

If only ALPA