Frontier files reorganization plan...
Jun 22, 2009 | 3:43 pm
#1
Original Poster
Join Date: Jan 2006
Location: CONUS
Posts: 947
Frontier files reorganization plan...
...and it will become a wholly-owned subsidiary of Republic Airways. Of course this is depending bankruptcy court approval. Just broke. Gotta believe they couldn't find any other "outside" investors.
Jun 22, 2009 | 4:46 pm
#2
Join Date: Jul 2005
Posts: 1,691
That's just weird... I can't believe Menke could not find anyone else. In this article, it says "preserving the jobs of most Frontier employees." I imagine it will be mostly upper management that is in trouble, but who knows...?
Does this mean Republic is able to put some E-jets back in service for F9? There are several cities where such service could be well utilized.
Does this mean Republic is able to put some E-jets back in service for F9? There are several cities where such service could be well utilized.
Jun 22, 2009 | 6:33 pm
#3
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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.
Thus ends the second incarnation of Frontier Airlines. I wonder how long the third incarnation will last.
Jun 22, 2009 | 8:56 pm
#4
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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.
Jun 22, 2009 | 9:18 pm
#5
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Regional acquiring a network carrier... Interesting.
Regional acquiring a network carrier... Interesting.
Jun 22, 2009 | 9:50 pm
#6
Join Date: May 2009
Posts: 55
Having Republic own Frontier is not a good thing. The Frontier pilots are instantly overpaid and overpriced. You guys and gals will all be outsourced. Kids recently out of flight school will be flying your airplanes. If you do not believe this look at what is happening at Midwest. Good luck, you will need it.
Jun 22, 2009 | 11:37 pm
#7
Join Date: Feb 2008
Location: Mountain West USA
Posts: 436
Having Republic own Frontier is not a good thing. The Frontier pilots are instantly overpaid and overpriced. You guys and gals will all be outsourced. Kids recently out of flight school will be flying your airplanes. If you do not believe this look at what is happening at Midwest. Good luck, you will need it.
But what do I know...
Jun 23, 2009 | 1:55 pm
#8
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Having Republic own Frontier is not a good thing. The Frontier pilots are instantly overpaid and overpriced. You guys and gals will all be outsourced. Kids recently out of flight school will be flying your airplanes. If you do not believe this look at what is happening at Midwest. Good luck, you will need it.