Originally Posted by
DenverBrian
The announcement sounds like a selloff shrouded in a "merger." Evidently F9 won't truly be a Colorado company anymore.
Thus ends the second incarnation of Frontier Airlines. I wonder how long the third incarnation will last.
Well actually I've read much of the reorganization plan filed with the court...it appears Frontier will maintain it's own Board of Directors and continue to be based in Denver. There is also other language in there to try and set a precedent that Frontier and Republic Holdings will be two separate legal entities. This may be a way to get around the Republic pilots contract.
Also of note...Frontier is close to leasing 3 additional A320's in early 2010. Lynx is now getting a 12th Q400 in early 2010. And the long-term plan calls for Lynx to operate (5) Q400's for another airline - in addition to flying for Frontier.