Frontier makes 2nd bid for Spirit with U.S. budget airlines struggling

NEW YORK, Jan. 29 (Xinhua) -- U.S. Frontier Airlines is attempting for a second time to merge with Spirit Airlines, which declared bankruptcy late last year as the country's budget airlines struggle.

Frontier Group Holdings Inc., the parent company of Frontier Airlines, said on Wednesday that the proposed deal would include newly issued Frontier debt and common stock.