Frontier Airlines Cleared To Emerge From Chapter 11 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.01.24

Airborne-Unlimited-04.16.24

Airborne-FlightTraining-04.17.24 Airborne-Unlimited-04.11.24

Airborne-Unlimited-04.12.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at
www.airborne-live.net

Sun, Sep 13, 2009

Frontier Airlines Cleared To Emerge From Chapter 11

Bankruptcy Judge Approved Plan Thursday

In an uncontested hearing in U.S. Bankruptcy Court in New York Thursday, Frontier Airlines' plan to emerge from Chapter 11 bankruptcy was approved, clearing the way for its acquisition by Republic Airways Holdings.

Under the court-approved plan, Frontier will be acquired by Republic on or about October 1st. Republic plans to operate Frontier as a stand-alone operation, according to The Sacramento Business Journal. Republic won a bidding war with Southwest Airlines for the right to buy Frontier. Frontier's unsecured creditors voted overwhelmingly earlier this month to approve the plan.

Frontier has cut jobs, planes and costs, and has shown several straight months of profitability along the way to emerging from bankruptcy.

What remains to be seen is if Republic continues to base the airline in Denver. The Business Journal reported that Republic had given signs it might move about 250 of Frontier's Denver jobs to Milwaukee or Indianapolis.

FMI: www.frontierairlines.com, www.rjet.com

Advertisement

More News

ANN's Daily Aero-Linx (04.15.24)

Aero Linx: International Flying Farmers IFF is a not-for-profit organization started in 1944 by farmers who were also private pilots. We have members all across the United States a>[...]

Classic Aero-TV: 'No Other Options' -- The Israeli Air Force's Danny Shapira

From 2017 (YouTube Version): Remembrances Of An Israeli Air Force Test Pilot Early in 2016, ANN contributor Maxine Scheer traveled to Israel, where she had the opportunity to sit d>[...]

Aero-News: Quote of the Day (04.15.24)

"We renegotiated what our debt restructuring is on a lot of our debts, mostly with the family. Those debts are going to be converted into equity..." Source: Excerpts from a short v>[...]

Airborne 04.16.24: RV Update, Affordable Flying Expo, Diamond Lil

Also: B-29 Superfortress Reunion, FAA Wants Controllers, Spirit Airlines Pulls Back, Gogo Galileo Van's Aircraft posted a short video recapping the goings-on around their reorganiz>[...]

ANN's Daily Aero-Term (04.16.24): Chart Supplement US

Chart Supplement US A flight information publication designed for use with appropriate IFR or VFR charts which contains data on all airports, seaplane bases, and heliports open to >[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC