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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?
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.
(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/
Good luck with that.
