Spirit Aviation Holdings, Inc. shares rise 1.60% premarket after high-level talks with Frontier Group on new strategy.

Spirit Aviation Holdings, Inc. rose 1.60% in premarket trading. The company's chairman, Robert Milton, met with Frontier Air chairman Bill Franke to discuss Spirit's rebuilding efforts and the state of the US airline industry. This high-level discussion indicates a strategic move by Spirit Aviation to potentially redefine its strategy, which could be seen as a positive development for the company.