In a press release out out a wee whole ago, Indigo Partners have informed Republic that it will proceed wit the acquisition of Frontier:
http://www.heraldonline.com/2013/11/...s-pending.html
Indigo Partners Says its Pending Acquisition of Frontier Airlines will Move Forward
Read more here:
http://www.heraldonline.com/2013/11/...#storylink=cpy
"“Indigo Partners has informed Republic Airways that its planned acquisition of Frontier Airlines will move forward. Major conditions, including agreements with FAPAInvest and Barclaycard are satisfied, as are other commercial and business arrangements. An agreement has not been reached with the Association of Flight Attendants (AFA); however, Indigo has informed Republic that it will waive that condition. The transaction is expected to be finalized later this month, subject to receipt of certain regulatory approvals and other customary closing conditions.”
William A. Franke, managing partner at Indigo Partners said, “We are pleased about the progress we have made to resolve major issues and move this acquisition toward closing. We look forward to completing the transaction and continuing to extend Frontier’s reach and service as a leading, nationwide ultra-low cost carrier (ULCC).”
I doubt the way ahead will be easy, but I am sure it is relief to everyone at Frontier. From my perspective, it's off to the races. :-)