If a deal between the two carriers is reached, it would likely happen as part of Spirit restructuring its debt and other liabilities in bankruptcy.” While any potential merger is purely hypothetical and would run into the same antitrust concerns and roadblocks as with the JetBlue takeover,

Spirit and Frontier Airlines have restarted discussions about merging, as Spirit navigates debt restructuring and potential bankruptcy. These talks are in preliminary stages and may not result in a deal. Previous merger attempts between the two carriers were halted when JetBlue made a more appealing offer to Spirit shareholders.

Frontier Airlines is exploring a renewed bid for Spirit Airlines, people familiar with the matter said, as Spirit continues discussions with bondholders over the terms of a potential bankruptcy filing.

The airlines' previous merger agreement collapsed when JetBlue swooped in with a higher offer to Spirit Airlines' shareholders.

Investing.com -- Spirit Airlines (NYSE: SAVE) shares surged over 32% in premarket trading on Wednesday following a report from the Wall Street Journal that Frontier Airlines is exploring a renewed bid to merge with the budget carrier.

Frontier Group Holdings Inc. is reportedly considering the possibility of a renewed acquisition of Spirit Airlines Inc. amid the latter's ongoing discussions with bondholders over a potential bankruptcy filing.

More than two years after a merger deal fell apart, Frontier Airlines is considering another run at acquiring Spirit Airlines, the Wall Street Journal reported Tuesday night.

Frontier Airlines is exploring a revived bid for Spirit Airlines Inc., the Wall Street Journal reported. The budget carriers recently held talks, though discussions are at an early stage and may not lead to a deal,