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Republic Airways selling Frontier in $145M deal
Indigo Partners LLC, led by veteran airline executive William Franke, has agreed to buy Frontier Airlines from Indianapolis-based Republic Airways Holdings Inc. for $36 million in cash. (www.ibj.com) Más...
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Airchive's article on the deal seems to point to Frontier moving to a different hub, what could be the options?
Good luck with that.
(Duplicate Squawk Submitted)
Frontier Airlines Sold for $109M to Firm Led by Former Spirit Airlines Exec
After paying $109 million to acquire Frontier Airlines out of bankruptcy in 2009, Republic Airways agreed to sell the discount carrier on Tuesday to a private-equity firm led by William Franke for just $36 million in cash and $109 million in debt.
http://www.foxbusiness.com/industries/2013/10/01/frontier-airlines-sold-for-10m-to-firm-led-by-former-spirit-airlines-exec/
Frontier Airlines Sold for $109M to Firm Led by Former Spirit Airlines Exec
After paying $109 million to acquire Frontier Airlines out of bankruptcy in 2009, Republic Airways agreed to sell the discount carrier on Tuesday to a private-equity firm led by William Franke for just $36 million in cash and $109 million in debt.
http://www.foxbusiness.com/industries/2013/10/01/frontier-airlines-sold-for-10m-to-firm-led-by-former-spirit-airlines-exec/
The definition of "regional" airline has become somewhat flexible...I just did RSW-LGA and return on Delta Connection operated by Shuttle America on E-170's. Very good service and except for a long take off queue at LGA, efficient and on time. Every bit as good as any of the mainline carriers and better than many.
