BUZZ-Frontier Group climbs after report on potential merger with Spirit Aviation

Reuters12-17 07:17

BUZZ-Frontier Group climbs after report on potential merger with <a href="https://laohu8.com/S/FLYY">Spirit Aviation</a>

** Shares of Frontier Group Holdings ULCC.O, parent company of Frontier Airlines, up 9.7% at $5.61 after the bell

** Bankrupt Spirit Aviation Holdings FLYYQ.PK is in talks to merge with ULCC, Bloomberg News reports

** A deal could be announced as soon as this month, though talks are ongoing and may collapse without an agreement — Bloomberg

** Spirit and Frontier Airlines declined to comment when contacted by Reuters

** ULCC has fallen over 28% YTD

(Reporting by Juby Babu in Mexico City)

((Juby.Babu@thomsonreuters.com;))

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