Originally Posted by
MikeFromMKE
I don't think its necessarily an easy process, but they are separate legal entities, and RJET is just the umbrella corporation that owns the company called Frontier. Frontier could file for bankruptcy independently of the parent company, but it isn't like that wouldn't have an effect on RJET stock. RJET would be able to survive without going under.
From AP:
James Reichart, Republic's vice president of sales, distribution, and loyalty programs, said bankruptcy protection "is not something we're considering" for Frontier.
"We're doing the tough stuff to build a business that can generate positive returns, even at very high fuel prices," he said of Frontier.