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Frontier's first attempt to merge with Spirit was in 2022, but it was outbid by JetBlue.
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Frontier is optimistic that it can get a deal done this time around.
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The announcement comes less than two weeks after the Transportation Department fined JetBlue $2 million for chronic delays.
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The government says it's the first such fine against an airline over chronic delays, and it blames JetBlue for 'unrealistic scheduling.'
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The two weekends on either side of Christmas are tempting a lot of people to head out earlier.
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The last bankruptcy by a major U.S. carrier was when American Airlines simultaneously merged with US Airways in December 2013.
Politics
The Justice Department could still challenge the Alaska-Hawaiian deal, but that appears unlikely.
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The department will take comments on the proposed family seating rule for the next 60 days before it crafts a final rule.
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Southwest made the announcement on the same day that both it and American Airlines reported a steep drop in second-quarter profit.
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The Reno-Tahoe International Airport will be expanding its nonstop flight options later this year.