Spirit again delays shareholder merger vote to continue talks with Frontier, JetBlue

Spirit Airlines flight at Fort Lauderdale-Hollywood International Airport in Fort Lauderdale, Florida on February 07, 2022.

Joe Radell | Getty Images

Spirit Airlines With a partner vote on its proposed merger delayed Wednesday Frontier Airlines Until July 8, just hours before the scheduled meeting on Thursday, it may discuss further options with the border and competition selector. Jet Blue Airways.

This is the second time that it has delayed voting on its planned merger with Spirit Frontier. Controversial war For an American airline over the years.

Spirit originally planned a vote on Thursday, June 10, but delayed it for the same reasons.

Both Frontier and JetBlue have stepped up their offers a week before the scheduled referendum.

Boundary and spirit First announced Their aim is to merge in February. In April, JetBlue received all the money, Surprising auction For Spirit, but Spirit’s team has repeatedly rejected JetBlue’s offers that JetBlue will not merge with the acquisition regulators.

The two together will form the fifth largest carrier in the United States.

JetBlue Spirit said it was not negotiating in good faith, sparking a war of words between airlines competing for shareholder support ahead of the vote.

Frontier and JetBlue did not immediately comment on the postponement.

Shares of Spirit were up about 2% in the aftermath, while Frontier was up more than 1% and Jet Blue was down 1%.

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