Frontier Group Holdings Inc

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesFrontier Airlines' parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned combination of the two discount carriers for antitrust reasons, an effort aimed at convincing investors to approve the deal next week as rival JetBlue Airways tries to buy Spirit…

Check out the companies making headlines before the bell:Kohl's (KSS) – Kohl's reported adjusted quarterly earnings of 11 cents per share, well short of the 70-cent consensus estimate. Revenue was better than expected, but the retailer noted a tough sales environment as well as higher costs. Kohl's shares fell 3.3% in premarket trading.BJ's Wholesale (BJ) – The warehouse retailer jumped 5.8% in the premarket after an upbeat earnings report. BJ's beat estimates by 15 cents with adjusted quarterly earnings of 87 cents per…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Dow set to open lower after its worst day since 2020 on inflation worriesA trader works on the trading floor at the New York Stock Exchange (NYSE) in Manhattan, New York City, U.S., May 18, 2022.Andrew Kelly | ReutersDow futures fell around 300 points Thursday after the 30-stock average posted its biggest daily loss since June 2020. It plunged 1,164 points, or nearly 3.6%, and sank deeper into a correction, well below…

A Spirit Airlines airplane taxis for takeoff at Denver International Airport in Denver, Colorado, U.S., on Monday, Feb. 7, 2022.Michael Ciaglo | Bloomberg | Getty ImagesSpirit Airlines' board on Thursday urged its shareholders to reject JetBlue Airways' hostile takeover attempt, citing regulatory hurdles and accusing the airline of trying to derail its planned merger with fellow discount carrier Frontier Airlines.JetBlue launched its hostile takeover bid on Monday after Spirit earlier this month rebuffed its surprise…

A Frontier Airlines airplane taxis past a Spirit Airlines aircraft at Indianapolis International Airport in Indianapolis, Indiana, on Monday, Feb. 7, 2022.Luke Sharrett | Bloomberg | Getty ImagesThe union that represents flight attendants at Spirit Airlines and Frontier Airlines on Tuesday backed the carriers' planned merger, clearing a labor hurdle among the biggest worker groups at the airlines.The Association of Flight Attendants-CWA said it reached a so-called "merger transition agreement" with Frontier's parent that…

LaGuardia International Airport Terminal A for JetBlue and Spirit Airlines in New York.Leslie Josephs | CNBCJetBlue Airways launched a hostile takeover bid of Spirit Airlines on Monday after that carrier rejected JetBlue's $33 per share, all-cash offer earlier this month.JetBlue has said acquiring Spirit would give it access to a large fleet of Airbus planes, trained pilots and the ability to better compete against the "Big Four" U.S. airlines that control most of the U.S. market. Spirit rejected the offer to stick with a…

Here are the most important news, trends and analysis that investors need to start their trading day:1. Dow set to open lower after seven straight weeks of sellingTraders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., May 13, 2022. Brendan Mcdermid | ReutersU.S. stock futures dipped Monday after the Dow Jones Industrial Average declined for a seventh week in a row, the first time that's happened in more than two decades. The S&P 500 and the Nasdaq both dropped for six straight weeks…

Airline pilots walk through the Ronald Reagan Washington National Airport on December 27, 2021 in Arlington, Virginia.Anna Moneymaker | Getty ImagesThe United States is facing its worst pilot shortage in recent memory, forcing airlines to cut flights just as travelers are returning after more than two years of the Covid-19 pandemic.The crisis has the industry scrambling for solutions.At least one lawmaker is said to be considering legislation that could raise the federally-mandated retirement age for airline pilots from…

A JetBlue airliner lands past a Spirit Airlines jet on taxi way at Fort Lauderdale Hollywood International Airport on Monday, April 25, 2022. (Joe Cavaretta/Sun Sentinel/Tribune News Service via Getty Images)Joe Cavaretta | Sun Sentinel | Getty ImagesJetBlue Airways is at a nearly quarter-century crossroads.The airline's first flight took off from New York City for Fort Lauderdale in February 2000. Twenty-two years later, JetBlue executives again set their sights on South Florida with a surprise bid for Spirit Airlines.…